Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Shell to resume offshore Venezuela gas development as U.S. eases path for exports

October 9, 2025

Cheap crude likely to unearth jackpot for govt next year, ETEnergyworld

October 9, 2025

Oil and Natural Gas Analysis: Prices Hold Key Support as Traders Weigh Russia-Ukraine Risks

October 9, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Kemi Badenoch vows to repeal Climate Change Act | Environment
Climate Commitments

Kemi Badenoch vows to repeal Climate Change Act | Environment

omc_adminBy omc_adminOctober 2, 2025No Comments5 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Kemi Badenoch has vowed to repeal the Climate Change Act if the Conservatives win the next election, doing away with controls on greenhouse gas emissions and dismantling what has been the cornerstone of green and energy policy for successive governments.

The Conservative party leader was already committed to scrapping the UK’s net zero target but repeal of the Climate Change Act would go much further. It would remove the need to meet “carbon budgets” – ceilings, set for five-year periods, on the amount of greenhouse gas that can be emitted – and disband the Climate Change Committee, the watchdog that advises on how policies affect the UK’s carbon footprint.

Badenoch said: “Under my leadership we will scrap those failed targets. Our priority now is growth, cheaper energy, and protecting the natural landscapes we all love.”

Under the landmark legislation, which was passed with the almost unanimous support of the Conservative party under David Cameron in 2008, carbon budgets are set for many years beyond the current government’s remit. This in effect binds future governments to adhering to climate policies, though it does not specify what those policies should be.

Badenoch claimed she would replace the act with “an energy strategy that puts cheap and reliable energy as the foundation for economic growth first”.

But scientists and experts pointed out that reliance on fossil fuels had caused the energy price spikes of the last few years, when Vladimir Putin’s invasion of Ukraine sent oil and gas prices soaring, at a cost of £140bn to the whole country. The surge in international prices, which made an unprecedented bonanza for energy companies, forced the last Tory government to subsidise energy bills with £40bn in public money – spending that has, in turn, helped to tie the hands of Labour’s chancellor of the exchequer, Rachel Reeves, who faces much higher costs of borrowing.

Bob Ward, policy director at the Grantham Research Institute, at the London School of Economics, said: “The claim that keeping Britain dependent on fossil fuels is good for economic growth is demonstrably false. Our dependence on fossil fuels causes high prices for electricity and heating for businesses and households. We are experiencing growing costs from the impacts of climate change, including sea level rise and more intense and frequent extreme weather events.

“The only pro-growth strategy is to invest in domestic clean energy. It is clear that the Conservatives cannot now be trusted on the environment or the economy.”

Michael Grubb, professor of energy at University College London, added: “The striking fact is how few UK businesses support scrapping the Climate Change Act. The reason is simple. Business knows that climate change is a real and pressing problem; that the future lies in low carbon energy and related innovation; and business values clarity and certainty within a firm legal framework.

“Scrapping a far-sighted act, that was passed with huge bipartisan consensus, opposes all those realities.”

The UK is one of the most successful countries in the world in reducing carbon, halving emissions since 1990, amid a surge in renewable energy generation.

skip past newsletter promotion

The planet’s most important stories. Get all the week’s environment news – the good, the bad and the essential

Privacy Notice: Newsletters may contain information about charities, online ads, and content funded by outside parties. If you do not have an account, we will create a guest account for you on theguardian.com to send you this newsletter. You can complete full registration at any time. For more information about how we use your data see our Privacy Policy. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply.

after newsletter promotion

James Alexander, chief executive of the UK Sustainable Investment and Finance Association, which represents financial institutions with £19 trillion in assets, said: “The green economy is the second-fastest growing sector globally [behind only the technology sector]. We cannot afford to dismantle this landmark law. The Climate Change Act mandate gives investors the confidence to back the UK’s green economy. Conservative calls to rip up this signature legislation sends damaging signals to markets, jeopardising jobs, growth and our long-term energy security.”

Badenoch’s announcement, before the start of the Conservative party conference this weekend, brings the destruction of the three-decade long consensus on the climate among the UK’s major political parties, under which all have campaigned on strengthening climate action rather than weakening it.

Yet polls continue to show that most people in the UK are in favour of climate action, including those planning to vote for Reform UK, which has also vowed to abandon the net zero target, and whose leaders have – like US president Donald Trump – denied climate science.

Ed Miliband, the energy secretary, said: “This desperate policy from Kemi Badenoch, if ever implemented, would be an economic disaster and a total betrayal of future generations. The Conservatives would now scrap a framework that businesses campaigned for in the first place and has ensured tens of billions of pounds of investment in homegrown British energy since it was passed by a Labour government with Conservative support 17 years ago.

“The Conservatives’ anti-jobs, anti worker, anti young people lurch would undermine our energy security and damage our society.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

‘Humanitarian’ visa must be created for Pacific Islanders displaced by climate crisis, experts say | Pacific islands

October 9, 2025

National security threatened by climate crisis, UK intelligence chiefs due to warn | Environment

October 8, 2025

Tour operator Intrepid drops carbon offsets and emissions targets | Travel & leisure

October 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Chevron reintroduces Clarity line of ashless hydraulic oils for sustainable performance

By omc_adminOctober 8, 2025

Chevron has reintroduced its Clarity® line of ashless hydraulic oils, unveiling two upgraded formulations —…

EU Postpones Sustainability Reporting Rules for Non-EU Companies

October 8, 2025

Mars, Golden Peaks Capital Launch 100+ Solar Projects in Poland

October 8, 2025

ABB to supply automation, electrification systems for green ammonia FPSO offshore Portugal

October 8, 2025
Top Trending

‘Humanitarian’ visa must be created for Pacific Islanders displaced by climate crisis, experts say | Pacific islands

By omc_adminOctober 9, 2025

National security threatened by climate crisis, UK intelligence chiefs due to warn | Environment

By omc_adminOctober 8, 2025

Nuveen Appoints Costas Papamantellos as Head of Energy Transition Investments

By omc_adminOctober 8, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20259 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

Shell to resume offshore Venezuela gas development as U.S. eases path for exports

October 9, 2025

Chevron reintroduces Clarity line of ashless hydraulic oils for sustainable performance

October 8, 2025

India Refiners May Buy More Russian Oil

October 8, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.