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Prime Minister Boris Johnson has hailed the “game-changing” agreement made at COP26 but says that countries need to “stand by” the decisions they made in the 11th hour of the talks.

The climate talks ended with an agreement on Saturday, after 15 days of deliberations, although, a late disagreement over the wording on fossil fuels saw pledges on coal watered down.

Critics have said Glasgow’s aim of keeping global temperatures from rising to 1.5C above pre-industrial levels is in “intensive care”, after India and China requested a commitment to “phase out” coal was changed to “phase down” at the last-minute.

Live reaction to PM’s COP26 news conference

In a news conference on Sunday evening, Mr Johnson said his “delight” at the progress made was “tinged with disappointment” thanks to the change on coal commitments.

He added: “Countries demanded a high level of ambition for this summit. And while many of us were willing to go [there], that that wasn’t true of everybody.

“And sadly, that’s the nature of diplomacy. We can lobby, we can cajole, we can encourage, but we cannot force sovereign nations to do what they do not wish to do.”

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Mr Johnson was joined by COP26 president Alok Sharma who said there was a “really tense hour” at the end of the talks where he believed the “deal was absolutely in jeopardy”.

Mr Sharma has insisted that the summit has “kept 1.5C within reach” but that China and India will have to “justify” their decision to have the agreement altered at the 11th hour.

On Sunday evening, he once again hailed the agreement as a “historic achievement” but said China and India would have to “explain themselves to developing countries” who will be disproportionately impacted by the climate crisis.

Mr Johnson said he “fully and humbly” accepted that the summit had not delivered the “full solution” to climate change, but that it had achieved “just about as much as we could have hoped”.

Nevertheless, he insisted the world is heading in the right direction.

“Even the most pessimistic commentator will tell you that 1.5C, that goal of restricting the growth in temperatures to 1.5C, is still alive,” Mr Johnson said.

“Now the work continues to make that ambition a reality.”

Mr Sharma, the former business secretary, got emotional in the final few hours of the conference on Saturday, holding back tears as he apologised for the way the conference had “unfolded”, following an angry outpouring from Europe and vulnerable nations over the wording change.

Mr Sharma told Sky News’ Trevor Phillips On Sunday: “Yes, of course I would have liked to ensure we maintain the ‘phase out’ rather than changing the wording to ‘phase down’, but on the way to phasing out, you’ve got to phase down.

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Sharma close to tears over COP pact

“But, ultimately, of course, what we need to ensure is that we continue to work on this deal, on these commitments, and on the issue of coal, China and India are going to have to justify to some of the most climate vulnerable countries what happened.”

Asked whether his emotional reaction to the change in language on coal was an admission of failure, Mr Sharma told the BBC: “I wouldn’t describe what we did yesterday as a failure – it is a historic achievement.”

He hailed agreements for countries to revisit and strengthen their 2030 national climate action targets by the end of 2022 and for annual “high level” ministerial meetings on tackling emissions, as he urged for countries to be held “to account for the commitments that were made” in Glasgow.

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China, India must ‘justify’ themselves

But the final accord has come in for criticism, with shadow business and energy secretary Ed Miliband warning that “keeping 1.5 degrees alive is frankly in intensive care”, with a “chasm” between what was agreed in Scotland and what still needs to be done to slash emissions.

The former Labour leader told Trevor Phillips: “The task of the world is to halve global emissions over the coming decade, that’s by 2030, that’s what the scientists tell us is necessary to keep 1.5 degrees alive and the truth about Glasgow, despite some progress, is that the world is only probably about 20% or 25% of the way to that goal.”

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The UN’s climate change chief Patricia Espinosa, however, backed Mr Sharma’s assessment of the conference, telling Andrew Marr the goal of limiting temperature rises to 1.5C is “definitely alive” after the summit.

For full coverage of COP26, watch Climate Live on Sky channel 525.

Follow live coverage on web and app with our dedicated live blog.

Get all the latest stories, special reports and in-depth analysis at skynews.com/cop26

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Sir Jim Ratcliffe scolds Tories over handling of economy and immigration after Brexit

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Sir Jim Ratcliffe scolds Tories over handling of economy and immigration after Brexit

Billionaire Sir Jim Ratcliffe has told Sky News that Britain is ready for a change of government after scolding the Conservatives over their handling of the economy and immigration after Brexit.

While insisting his petrochemicals conglomerate INEOS is apolitical, Sir Jim backed Brexit and spent last weekend with Labour leader Sir Keir Starmer at Manchester United – the football club he now runs as minority owner.

“I’m sure Keir will do a very good job at running the country – I have no questions about that,” Sir Jim said in an exclusive interview.

“There’s no question that the Conservatives have had a good run,” he added. “I think most of the country probably feels it’s time for a change. And I sort of get that, really.”

Read more: Sir Jim’s mission to succeed at ‘the one challenge the UK has never brought home’

Sir Jim was a prominent backer of leaving the European Union in the 2016 referendum but now has issues with how Brexit was delivered by Tory prime ministers.

“Brexit sort of unfortunately didn’t turn out as people anticipated because… Brexit was largely about immigration,” Sir Jim said.

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“That was the biggest component of that vote. People were getting fed up with the influx of the city of Southampton coming in every year. I think last year it was two times Southampton.

“I mean, no small island like the UK could cope with vast numbers of people coming into the UK.

“I mean, it just overburdens the National Health Service, the traffic service, the police, everybody.

“The country was designed for 55 or 60 million people and we’ve got 70 million people and all the services break down as a consequence.

“That’s what Brexit was all about and nobody’s implemented that. They just keep talking about it. But nothing’s been done, which is why I think we’ll finish up with the change of government.”

Watch Sir Jim Ratcliffe’s full interview on the Trevor Phillips on Sunday morning programme on Sky News from 8.30am

UK needs to get ‘sharper on the business front’

Prime Minister Rishi Sunak has indicated an election is due this year but Monaco-based Sir Jim is unimpressed by the Conservatives’ handling of the economy.

“The UK does need to get a bit sharper on the business front,” he said. “I think the biggest objective for the government is to create growth in the economy.

“There’s two parts of the economy, there’s the services side of the economy and there’s the manufacturing side. And the manufacturing, unfortunately, has been sliding away now for the last 25 years.

“We were very similar in scale to Germany probably 25 years ago.

“But today we’re just a fraction of where Germany is and I think that isn’t healthy for the British economy… particularly when you think the north of England is very manufacturing based, and that talks to things like energy competitiveness, it talks to things like, why do you put an immensely high tax on the North Sea?

“That just disincentivises people from finding hydrocarbons in the North Sea, in energy.

“And what we need is competitive energy. So I mean, in America, in the energy world, in the oil and gas world, they just apply a corporation tax to the oil and gas companies, which is about 30%. And in the UK we’ve got this tax of 75% because we want to kill off the oil and gas companies.

“But if we don’t have competitive energy, we’re not going to have a healthy manufacturing industry. And that just makes no sense to me at all. No.”

‘We’re apolitical’

Asked about INEOS donating to Labour, Sir Jim replied: “We’re apolitical, INEOS.

“We just want a successful manufacturing sector in the UK and we’ve talked to the government about that. It’s pretty clear about our views.”

Sir Jim was keener to talk about the economy and politics than his role at struggling Manchester United, which he bought a 27.7% stake in from the American Glazer family in February – giving him an even higher business profile.

Old Trafford stadium in Manchester. Pic: AP
Image:
Old Trafford stadium in Manchester. Pic: AP

Push for stadium of the North

He is continuing to push for public funds to regenerate Old Trafford and the surrounding areas despite no apparent political support being forthcoming. Sir Keir was hosted at the stadium for a Premier League match last weekend just as heavy rain exposed the fragility of the ageing venue.

“There’s a very good case, in my view, for having a stadium of the North, which would serve the northern part of the country in that arena of football,” Sir Jim said. “If you look at the number of Champions League the North West has won, it’s 10. London has won two.

“And yet everybody from the North has to get down to London to watch a big football match. And there should be one [a large stadium] in the North, in my view.

“But it’s also important for the southern side of Manchester, you know, to regenerate.

“It’s the sort of second capital of the country where the Industrial Revolution began.

“But if you have a regeneration project, you need a nucleus or a regeneration project and having that world-class stadium there, I think would provide the impetus to regenerate that region.”

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Northern Ireland Secretary Chris Heaton-Harris will not stand at next election

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Northern Ireland Secretary Chris Heaton-Harris will not stand at next election

Northern Ireland Secretary Chris Heaton-Harris has said he won’t be standing at the next general election but will keep campaigning for the Conservative Party.

In a letter to Prime Minister Rishi Sunak, which he posted on X on Saturday night, Mr Heaton-Harris said after 24 years in politics, it had been an “honour and a privilege to serve”.

He thanked the people of Daventry, Mr Sunak and former Tory leaders, including Theresa May, Boris Johnson and Liz Truss, “for putting their trust in me”.

Mr Heaton-Harris, who has been serving as Northern Ireland secretary since September 2022, said: “I started as a campaigner and I’ll be out campaigning for @Conservatives at the next election because we are the only party that has and can deliver for the whole of the United Kingdom.”

He joins an exodus of Tory politicians who have announced they will be leaving Westminster at the next general election.

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More than 100 MPs from across the Commons have said they will not be standing.

Those who have announced their intention to leave parliament range from the longest-serving female MP, Labour’s Harriet Harman, to one of those only elected at the last election in 2019, Conservative MP Dehenna Davison.

Of the more than 60 Tory MPs stepping aside, high profile names include former cabinet ministers Ben Wallace, Sajid Javid, Dominic Raab and Kwasi Kwarteng.

Back in March, Mrs May, 67, said she too had taken the “difficult decision” to quit the Commons after 27 years representing her Maidenhead constituency.

The last possible day for a general election is Tuesday 28 January 2025.

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Politics

Trader turns $3K into $46M in PEPE, Ethereum gas overhaul, Tornado dev guilty: Hodler’s Digest, May 12-18

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Trader turns K into M in PEPE, Ethereum gas overhaul, Tornado  dev guilty: Hodler’s Digest, May 12-18

Trader makes millions after PEPE price soars, a new gas model for Ethereum, and Tornado Cash developer convicted.

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