Green Britain: World’s richest countries still investing billions in fossil fuel

Green Britain: John Ingham and Dale Vince discuss campaign

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A shocking report said the G7 nations have invested £134billion in fossil fuels since the start of the pandemic. Only £104billion has been spent on clean forms of energy. The report by international relief and development agency Tearfund said more than £8 of every £10 pumped into fossil fuel projects come with no requirement to become less polluting.

The UK has made the highest per capita commitments to fossil fuels of the G7.

Meanwhile, the TUC said the UK ranked sixth out of the seven G7 nations for investment in infrastructure to reach Net Zero – offsetting greenhouse gas emissions.

It said the Treasury plans to invest £180 per person compared to £2,966 for the US, £1,390 for Italy and £870 for Canada.

The TUC warned that Boris Johnson’s Green Industrial Revolution with the promise of thousands of jobs is lagging “far behind” the rest of the G7.

The Daily Express is campaigning for him to show world leadership on the environment at this month’s G7 summit in Cornwall and the COP 26 climate summit in Glasgow in November.

Paul Cook, at Tearfund, said: “The G7 nations can set the scene for success or failure.”

TUC General Secretary Frances O’Grady said: “Good green jobs should be at the heart of our economic recovery. But the prime minister’s plans are nowhere near ambitious enough.”

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