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The Guardian - UK
The Guardian - UK
Comment
David Edgerton

Conservative hostility to net zero proves the party has turned its back on British capitalism

An activist protests against the Rosebank oil field project in the North Sea, London, October 2023.
‘There is little support from capitalists operating in the UK for Sunak’s net-zero U-turn.’ An activist protests against the Rosebank oil field project in the North Sea, London, October 2023. Photograph: Daniel Leal/AFP/Getty Images

Of all Rishi Sunak’s blunders and policy decisions in 2023, perhaps the most consequential was his move to delay key milestones on the way to net zero. Sunak postponed the banning of sales of petrol and diesel cars and domestic boilers two months after the government authorised more carbon extraction from the North Sea. Cue outrage from the capitalists to the greens, from greens to even some Tories. What on earth was he doing?

There is perhaps some sense in his decision to slow down. If net zero by 2050 is the final target, then the means of getting there must be realistic. But as our climate becomes more inhospitable, affecting food imports, infrastructure and ultimately living standards, the goal must instead be to reduce global emissions as quickly as possible, not meet a distant date for net zero. Yes, realistic means to decarbonise the British economy are needed, but he has not provided them. On the contrary, he is willing away the means, as he admits they are lacking.

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