Connect with us

Published

on

Michael Gove has warned against “treating the cause of the environment as a religious crusade” and called for a relaxation of some net zero measures.

The housing secretary told The Sunday Telegraph he wants to “relax” the deadline for landlords in the private rented sector to make energy improvements to their properties.

He said the proposal to ban landlords from renting out their homes unless they pay to increase the energy performance certificate rating of their properties should be pushed back past 2028.

The upgrade required to increase a property’s energy performance could include fitting a heat pump, providing insulation or installing solar panels, which the newspaper suggested could cost thousands of pounds.

Mr Gove said: “My own strong view is that we’re asking too much too quickly… I think we should relax the pace.”

Mr Gove, who was environment secretary when the 2050 net zero pledge was made under Theresa May’s premiership, warned about “treating the cause of the environment as a religious crusade” as he called for “thoughtful environmentalism”.

He also said he did not know whether the car-ban deadline was “perfectly calibrated” but said it was “achievable”.

More on Michael Gove

Party leaders urged to keep green promises

It comes as both Rishi Sunak and Sir Keir Starmer have been urged not to drop their parties’ green policies after London mayor Sadiq Khan’s expansion of the Ultra Low Emission Zone (ULEZ) has been blamed for Labour failing to take Boris Johnson’s old seat of Uxbridge and South Ruislip.

Please use Chrome browser for a more accessible video player

‘ULEZ is why we lost in Uxbridge’

After Uxbridge became the Tories’ sole victory in a set of three by-elections on Thursday the prime minister has come under renewed pressure to dilute pledges designed to help the UK meet its pledge of having a net zero carbon economy by 2050.

Meanwhile Labour leader Sir Keir has vowed to stick with his green pledges, but said his party would need to reflect and “learn the lesson” over how they are implemented.

Click to subscribe to the Sky News Daily wherever you get your podcasts

Mr Khan’s team have defended his ULEZ plan, saying only one out of 10 cars driving in outer London would face the charge, with a £110m scrappage scheme available to help lower earners upgrade their vehicles.

Continue Reading

Politics

Trust Wallet taps Revolut for crypto purchases in Europe

Published

on

By

Trust Wallet taps Revolut for crypto purchases in Europe

Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, has partnered with European fintech unicorn and digital banking giant Revolut to introduce a new way to purchase crypto assets on its platform.

Trust Wallet users can now buy Bitcoin (BTC), Ether (ETH) and Solana (SOL) with Revolut through a direct integration, the company announced on Thursday.

With a minimum purchase starting at 10 euros ($12) and capped at 23,000 euros ($26,950) daily and per transaction, Trust Wallet’s new buy option is expected to provide a faster and easier way to access crypto from Europe.

In October, Revolut scored regulatory approval from the Cyprus Securities and Exchange Commission to offer crypto services across 30 European Economic Area markets in compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework.

Stablecoins like USDC not supported, for now

The integration will initially support only three crypto assets, but the companies said they expect to add stablecoins such as Circle’s USDC (USDC) at a later stage.

The feature enables zero-fee crypto purchases using multiple fiat currencies supported by Revolut, including the euro, the British pound, as well as the Czech koruna, Danish Krone, Polish Złoty and others.

Europe, Payments, Changpeng Zhao, Revolut, MiCA, Self Custody, Trust Wallet
Source: Trust Wallet

While Revolut–Trust Wallet crypto purchases are offered with zero fees, adding money to a Revolut account is not free of charge in many cases, including via bank transfers, card top-ups and cash deposits. Cash deposits are subject to a 1.5% fee and are limited to $3,000 per calendar month, according to Revolut’s FAQs.

Related: Crypto self-custody is a fundamental right, says SEC’s Hester Peirce

The integration came shortly after Revolut secured a $75 billion company valuation after completing a private share sale in late November. “This makes us Europe’s most valuable private company and in the top 10 of the world’s most valuable private companies,” Revolut said in a post on X.

CZ-backed Trust Wallet has been actively tapping into trending market sectors, including prediction markets and real-world asset tokenization, expanding access to these offerings for self-custody users.

Cointelegraph contacted Revolut and Trust Wallet for comment on the integration, but had not received a response by publication.