Vote blue get green? For once Cameron told the truth when he talked about 'green crap'.
Just a few months after the Lib Dems left office, the Conservatives have:
- Scrapped subsidies for onshore wind and commercial solar - the two cheapest forms of clean energy
- Slashed the energy efficiency budget
- Ended the tax break for clean cars
- Abolished rules on zero carbon housing
- Lowered taxes on polluting firms
- Introduced a tax on clean energy
Liberal Democrat Leader, Tim Farron, [pictured]said:"Today's news is yet another blow for green industry and British jobs. The Conservatives claim they want to tackle climate change, but this is further evidence they don't care about the environment. For five years we fought sceptical Tories to ensure we [the Coalition]were the greenest Government ever by investing billions in renewables and setting out ambitious climate change targets. By quietly dumping the Green Deal, David Cameron has yet again shown how little he cares about the future of the planet. The Prime Minister has not so much hugged a husky as led it behind the coal shed, shot it in the head and told his Energy Secretary it has gone to live on a farm in the country."
The good news is that British Insurance Group Aviva has put 40 coal companies on notice that it will sell its shares in their businesses unless they can prove that they are serious about tackling climate change. In a speech in London Chief Executive Mark Wilson said " If we don't tackle climate change - - - - the value of global assets will decline by up to $13.8tn" French insurance group AXA said in May that it planned to sell Euro500m of coal assets. [full story Financial Times 25/26 July 2015]