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City of London

Ed Davey on Net Zero: Government ignoring City of London "elephant in the room"

Liberal Democrat Leader Ed Davey has warned that the Government's new Net Zero Strategy is ignoring the "elephant in the room" by failing to include measures to stop investment in fossil fuel industries through the City of London. The former Energy and Climate Change Secretary is calling for new oil, gas and coal companies to be banned from the London Stock Exchange and for urgent action to stop the UK hosting the world's fossil fuel investments. Liberal Democrat Leader Ed Davey said: "The UK must be net zero as soon as possible - Britain's economy needs it just as much as the world's climate does. Yet rapid progress to net zero just isn't possible while the Government keeps ignoring the elephant in the room. "The UK produces just 2% of global emissions, so to really impact the global fight against climate change we need to stop financiers in the City of London funding the world's fossil fuel industries. "Whilst millions of people across the UK are doing the right thing, often making difficult decisio

LD
19 Oct 2021
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Heat infrared view of a house

Making energy saving the nation's first priority is the best way forward.  

In Green Liberal Democrats we are adamant. Making energy saving the nation's first priority is the best way forward. Compare the limited £3.9 billion announced over 3 years, to provide only 90,000 homes with a new type of hearing, with the £150 billion programme LibDem Leader, Ed Davey, proposes. That will insulate the social housing stock and help homeowners. How? Industry will develop new materials and switch to new products with technology we know about and some new that we don't know about now, to all but completely free us from the need for heating new domestic and commercial buildings. Changing regulations is key. If everyone has to meet the new regulations the scale of the market for sustainable tech will bring down prices in a competitive market. How will we pay for insulating homes? Vulnerability to escalating gas cost now shows that it won't take many years to recoup the cost to retrofit an existing property. The right government programme LibDems propose will result in the same quality of replac

JM
19 Oct 2021
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Keith Melton's Chair

COP26 - Less Than a Week Away

COP26 - Less Than a Week Away Excitement - Or Concern (And Trepidation!) As we get closer to COP26, I feel both a sense of excitement that this major global conference is about to happen, in our backyard, as it were … and a real sense of concern and disappointment that we are going to be let down again by an incompetent and bungling Government. Not to mention trepidation at the threat of strike action by rail and bus employees!

KM
27 Oct 2021
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