Mar 3, 2021

Budget 2021: No 'green revolution' from Sunak

Chancellor Rishi Sunak announced a change to the Bank of England's remit as part of green measures in the Budget. Green Finance campaigner Simon Youel welcomed the move, saying it "Should at a minimum mean the Bank dumping risky fossil fuels from its corporate quantitative easing programme and shifting funds towards green job-creating projects". "Green Party co-leader Jonathan Bartley said:"We are deeply disappointed that, in the middle of a climate emergency, the chancellor has failed to put climate at the heart of his budget today. Labour's Ed Miliband said: "The government's rhetoric offers simply a green mirage, but without meaningful action and investment it will remain a mirage. We need a proper green stimulus plan - not empty words." "Fatima Ibrahim, from the group Green New Deal UK, said:"Our response to the climate crisis should have been front and centre of the Budget, not a footnote.

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