Tony Blair has once again turned his fire on Ed Miliband’s net zero policy. The former PM’s think tank the Tony Blair Institute has just released a report saying Clean Power 2030 is no longer “fit for purpose” and urged Miliband to ditch his crackdown on North Sea oil. It would be nice…
The report states:
“If Clean Power 2030 was ever fit for purpose, that is no longer the case…Clean Power 2030 implicitly treats cost as a downstream issue: something that will take care of itself once enough clean capacity has been created. Yet the reality is that if energy becomes too expensive, everything else comes under strain…The reality is that oil and gas will remain part of the UK energy mix for years to come…The UK should therefore pursue policy levers that make the North Sea basin genuinely investible – and that starts with restoring fiscal predictability.”
In another swipe at the government, the think tank adds: “the UK cannot afford to treat domestic production as a moral signal rather than a strategic asset.” This is the third intervention from Blair in less than a year. Labour again being panned by their own…
Paula Barker, Liverpool Wavertree MP backing Andy Burnham, told Times Radio there wouldn’t be trouble from the markets under Burnham:
“The markets will have to fall in line.”