Energy Security and Lower Bills:
Every family and business is currently paying the price of Britain’s exposure to volatile international fossil fuel markets. In an unstable world this leaves us incredibly vulnerable as a country. Families across Britain continue to pay a fossil fuel penalty, with wholesale gas costs for households still 75% higher than they were for the year prior to Russia’s invasion of Ukraine. The Government says they are taking back control by investing in homegrown clean energy to protect the British people and build a system that can bring down bills for good.
Jobs and growth:
Clean energy is the economic opportunity of the 21st century. Globally this year, around $2.2 trillion is being invested in clean technology, twice as much as fossil fuels. The UK’s net zero economy is growing around three times faster than the economy as a whole. Thanks to the investment and stability provided by this government, the number of UK jobs in clean energy industries and their supply chains is estimated to increase from around 430,000 today to over 800,000 by 2030. According to the Confederation of British Industry net zero jobs are 15% better paid and 40% more productive than the national average.
Improved quality of life:
Clean energy and climate action will make the British people better off. The Warm Homes Plan, due to be published shortly, will upgrade millions of homes to cut bills by hundreds of pounds for recipient families. Electric vehicles are already cheaper to run, with savings of up to £1,500 a year compared to running a petrol or diesel car.
Protecting our natural world:
The climate and nature crises are fundamentally linked, and they must be addressed together. They plan to use our land and resources more efficiently and innovatively, creating woodland and restoring peatland to store carbon and protect us from climate impacts. As a result, we will see reduced flood risks, improved water quality, and cleaner air. They will protect our countryside and increase access to nature, so the British people can enjoy what is rightfully theirs.
We were the first G7 member to phase out the use of coal in 2024 – we need to continue to be at the forefront of change.
