Link to this page: https://secure.socialistparty.org.uk/issue/1094/31030
The Socialist 8 July 2020 |
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Sunak's £3bn green pledge: not enough for climate or jobs
London climate strike 20 September 2019, photo Paul Mattsson, photo Paul Mattsson (Click to enlarge)
Chancellor Rishi Sunak has promised £3 billion of green investment. Goals include 'decarbonising' public buildings, insulating private homes, and creating work. That's all well and good - but, er, what about power plants, or transport?
By contrast, the French government has pledged £13.5 billion, and the German government £36 billion! Even those figures will not be enough to loosen the profit-polluters' grip on the world economy. But they might create a few more jobs than the Tories' miserly £3 billion.
Fundamentally what is needed is public ownership of energy and transport - with full funding, not £3 billion sops. With big business profit out of the equation, production could be planned. Fossil fuels could be eradicated without loss of jobs, or extra costs for the working class.