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Government 'believes in borrowing to invest', says minister as PM announces £22bn in climate funding

Posted

October 4, 2024

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The government has pledged nearly £22bn over 25 years to fund projects that capture greenhouse gases from polluting plants and store them underground, as it races to reach strict climate targets.

We asked Energy Secretary Ed Miliband where these billions of pounds will come from, he replied: "Public investment. We believe in borrowing to invest. It's absolutely the right thing to do for Britain."

#climate #politics #uknews

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Government 'believes in borrowing to invest', says minister as PM announces £22bn in climate funding · Sky News · Sentinel