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UK’s Labour vows to make Britain a clean energy superpower by 2030

By District Energy posted 06-21-2023 13:00

  

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Summary

Britain’s main opposition Labour Party on Monday pledged to turn the country into a clean energy superpower by 2030, saying it would overturn a ban on new onshore wind farms while respecting any oil and gas licences granted before the next election.

Labour, which opinion polls suggest is on course to win a national election expected next year, has tried to position itself as the only party which can spur economic growth by investing heavily in green technologies and jobs with plans to rival similar investments in the United States and the EU.

However, earlier this month it pared back its flagship pledge to spend 28 billion pounds ($36 billion) every year until the end of the decade on building up green industries, blaming high interest rates.

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