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The Conservatives have pledged to scrap Britain’s landmark climate change law that limits pollution, and replace it with a plan for “cheap and reliable” energy.

Party leader Kemi Badenoch said scrapping the Climate Change Act – brought in by Labour in 2008 and later strengthened by Tory PM Theresa May – would benefit cheap energy, economic growth and Britain’s declining industrial sector.

“Climate change is real. But Labour’s laws tied us in red tape, loaded us with costs, and did nothing to cut global emissions,” said Ms Badenoch.

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

The party did not provide any figures to quantify the financial impact of such a change, although certain parts of the proposals have been gathering support beyond Conservative circles.

While the plans drew support from within the Tory ranks, and are backed by Reform UK, they were condemned by conservation charities, scientists and business and energy groups.

The CBI, which represents more than 150,000 businesses, warned it would “damage our economy”.

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The Drax power plant is subsidised to burn wood instead of coal, a practice controversial with the Tories and environmentalists alike. Pic: Reuters
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The Drax power plant is subsidised to burn wood instead of coal, a practice controversial with the Tories and environmentalists alike. Pic: Reuters


What is the Climate Change Act and why do the Conservatives want to scrap it?

The Climate Change Act requires the UK to reach net zero emissions by 2050 and to produce five-yearly budgets to keep the country on track.

Net zero means cutting emissions as much as possible and offsetting the rest.

United Nations scientists warn reaching it by 2050 is necessary to avoid climate damages like droughts and floods and ecosystem collapse that would be very difficult to cope with.

But political support has been wavering: Ms Badenoch says achieving it is impossible and Reform leader Nigel Farage claims scrapping net zero targets would save £30bn a year.

The Conservatives said the Act had forced governments to bring in “burdensome rules and regulations that have increased energy bills for families and businesses, eaten away at Britain’s manufacturing sector, and contributed to a worsening in economic growth”.

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Businesses urged to ‘step forward’ on climate

They pointed to the controversial Drax energy plant, which is publicly subsidised to burn wood instead of coal to generate electricity, support for which is already wavering.

The party also cited costly legal challenges to developments and lengthy planning processes, something Labour also admits is a problem.

Claire Coutinho MP, shadow energy secretary, said the act is “forcing ministers to adopt policies which are making energy more expensive”.

“That is deindustrialising Britain, causing hardship for families, and perversely it makes it harder for people to adopt electric products that can reduce emissions.”

But it is not clear how their plans to maximise oil and gas projects in the North Sea would lower bills or boost jobs, as the fuels are sold on international markets, and reserves are dwindling.

Nor did it detail whether scrapping pollution rules for industry would boost it enough to compensate for other losses to the economy if clean investors pulled out.

How have others reacted?

Energy UK’s chief executive Dhara Vyas said the Act is the “legal bedrock that underpins billions of pounds of international investment in the UK”, including places like Humber and Teesside.

She said treating it as a “political football is a surefire way to scare off investors.”

Simon Francis from the End Fuel Poverty Coalition of NGOs said there is “no way to lower bills or energy security by prolonging our dependence on gas”, while Friends of the Earth chief executive Asad Rehman said the Party “[turning] its back on the science” was “political suicide”.

The Conservative Party said its environmental focus instead will be on enhancing and preserving the natural world.

Professor Myles Allen from Oxford University said the act may need updating, like the NHS does. “But you wouldn’t announce you were going to scrap the NHS without explaining what you were going to replace it.”

Ms Badenoch further announced today that her shadow cabinet will on Friday agree a policy of leaving the European Convention on Human Rights, which she also says is holding Britain back.

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SEC silent on Canary Litecoin ETF amid gov shutdown

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SEC silent on Canary Litecoin ETF amid gov shutdown

SEC silent on Canary Litecoin ETF amid gov shutdown

The US Securities and Exchange Commission has seemingly missed its decision deadline for the Canary Litecoin ETF, adding to uncertainty amid a government shutdown and new generic listing standards.

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European Central Bank picks tech partners for digital euro

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European Central Bank picks tech partners for digital euro

European Central Bank picks tech partners for digital euro

The ECB said it had reached agreements with seven entities not yet involving “any payment” responsible for components of the digital euro, potentially launching in 2029.

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Michelle Mone says she won’t step down as Tory peer – and accuses chancellor of ‘endangering’ her

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Michelle Mone says she won't step down as Tory peer - and accuses chancellor of 'endangering' her

Baroness Michelle Mone says she will defy calls for her to step down from the House of Lords after PPE Medpro, a company founded by her husband, was ordered to repay £122m to the government for providing faulty PPE at the height of the COVID-19 pandemic.

The peer has faced calls to stand down from MPs across the political spectrum, including Chancellor Rachel Reeves, who earlier this week agreed with Baroness Mone’s contention that the government was pursuing a “vendetta” in trying to recover improper Covid funding.

“Too right we are,” she said in comments at the Labour Party conference.

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Baroness Mone ‘should resign’

In an extraordinary letter to the prime minister, Baroness Mone has accused Ms Reeves of endangering her and her family with her comments, citing the murders of Jo Cox and David Amess as evidence of the risks facing parliamentarians.

She also alleged ministerial interference in the civil and ongoing criminal investigations of PPE Medpro, and has called for an investigation into whether ministers have “improperly influenced” the Crown Prosecution Service and the National Crime Agency.

In the letter, sent from the private office of Baroness Mone OBE and seen by Sky News, she addresses the prime minister directly, writing in a personal capacity “first as a wife, second as a mother, and lastly as a Baroness.”

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£122m bill that may never be paid

Referring to Ms Reeves’ comments, she writes: “The chancellor’s deliberate use of the term “vendetta”, a word connoting vengeance, feud and blood feud, is incendiary and has directly increased the risks to my personal safety…. My family and I now live with a heightened and genuine fear of appearing in public.”

She goes on to accuse Reeves and health secretary Wes Streeting of “falsehoods” in demanding that she hand back £122m, pointing out that she was never a director of PPE Medpro and “never received a penny from it personally.”

While the company was founded by her husband Doug Barrowman, a High Court judgement this week confirmed that Baroness Mone introduced it to the government’s VIP fast lane for PPE providers, and lobbied on its behalf in negotiations.

She has previously admitted that £29m of profit from the PPE contract was passed to a family trust of which she and her children are beneficiaries.

The peer has also accused the Prime Minister of “a total lie” when “you stated in Parliament that my children had received £29m into their bank accounts.”

Baroness Mone said that following these comments, she had received threatening and abusive communications, and cited the death of TV presenter Caroline Flack, who took her own life, as showing “the fatal consequences of personalised public vilification”.

“Your cabinet members, by repeating this knowingly false claim, are inciting hostility and inflaming public hatred against me.”

Baroness Michelle Mone and her husband Doug Barrowman. Pic: PA
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Baroness Michelle Mone and her husband Doug Barrowman. Pic: PA

She has also accused the home secretary of influencing the NCA and Director of Public Prosecutions in unspecified meetings to discuss “high-profile cases”.

“That political influence is being brought to bear is, therefore, undeniable,” she said.

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On Wednesday, PPE Medpro was ordered to repay £122m paid for 25 million surgical gowns that failed to meet sterility standards in breach of its contract with the Department of Health and Social Care.

PPE Medpro was put into administration the day before the judgment, with assets of just £666,000.

Asked if Baroness Mone would step down from the Lords, a spokesman said: “Those calling for Baroness Mone’s resignation from the House of Lords would be well advised to read the open letter sent this morning to the prime minister, which sets out how this has now become a personal attack and vendetta, politically motivated with loss of all balance and objectivity.”

Sky News has asked Number 10 and the Treasury for a response to the allegations made by Baroness Mone.

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