This is the last article you can read this month
You can read more article this month
You can read more articles this month
Sorry your limit is up for this month
ECONOMISTS urged the government today to increase public spending in tackling climate change and biodiversity loss to 1 per cent of gross domestic product.
Professor Nicholas Stern and experts from the London School of Economics and the University of Cambridge said that a £26 billion investment would boost growth and productivity, as they warned against the government’s plans to slash public investment.
The researchers also reported that unsustainable investments such as the development of new oil and gas fields in the North Sea and the construction of buildings that are not energy-efficient will likely damage the economy.
“This risks creating stranded assets, significant financial losses in polluting and emissions-intensive sectors, and an insecure, unaffordable and unsustainable energy supply,” the experts report.
“It will also mean that the UK fails to adequately tackle climate change, biodiversity loss and environmental degradation, including water and air pollution.”
A government spokesperson said it was “focused on long-term decisions to strengthen our economy” and that it “expected to attract a further £100 billion investment in green industries of the future.”
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by become a member of the People’s Printing Press Society.
The Morning Star is a readers’ co-operative, which means you can become an owner of the paper too by buying shares in the society.
Shares are £10 each — though unlike capitalist firms, each shareholder has an equal say. Money from shares contributes directly to keep our paper thriving.
Some union branches have taken out shares of over £500 and individuals over £100.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by donating to the Fighting Fund.
The Morning Star is unique, as a lone socialist voice in a sea of corporate media. We offer a platform for those who would otherwise never be listened to, coverage of stories that would otherwise be buried.
The rich don’t like us, and they don’t advertise with us, so we rely on you, our readers and friends. With a regular donation to our monthly Fighting Fund, we can continue to thumb our noses at the fat cats and tell truth to power.
Donate today and make a regular contribution.