Greenpeace responds to Rachel Reeves interview on green investment

Responding to Rachel Reeves’ comments about Labour’s green investment on the Today Programme, Rebecca Newsom, Greenpeace UK’s Head of Politics, said:

“Any u-turn would be a huge mistake. Without the necessary immediate investment, we will lose out on the creation of thousands of jobs needed as we phase out fossil fuels, and we will lose out on the opportunity to put green tech industries at the center of our economy.

“Rachel Reeves rightly cites the opportunities of green growth, but this prevarication on confirming the scale of investment needed from the start of a new Labour government risks throwing in the towel on the global race in green tech, with the US, China and the EU already far ahead.

“It would be simply bad economics to say that we can’t afford this now when it would pay for itself. Green infrastructure investment is now one of the best economic growth generators, and with it the opportunity to lower bills and tackle the climate crisis. Labour mustn’t let this go.”