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    Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

    Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

    Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

    Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

    Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

    Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

    How the Scottish MPs voted in the assisted dying debate

    How the Scottish MPs voted in the assisted dying debate

    Former Labour MP calls for party to ditch ‘rigged’ voting system

    Former Labour MP calls for party to ditch ‘rigged’ voting system

    Labour’s £14bn ‘fixation’ with new nuclear power ‘won’t cut bills or help climate’

    Labour’s £14bn ‘fixation’ with new nuclear power ‘won’t cut bills or help climate’

    SNP rebels plot to oust John Swinney as party leader after Hamilton by-election loss

    SNP rebels plot to oust John Swinney as party leader after Hamilton by-election loss

    Anas Sarwar should not expect to oust John Swinney yet, says polling guru

    Anas Sarwar should not expect to oust John Swinney yet, says polling guru

    Keir Starmer says he will not support a second independence referendum as Prime Minister

    Keir Starmer says he will not support a second independence referendum as Prime Minister

    Angela Rayner accuses Reform of ‘politics of hatred’ as she insists Labour can win bitter Holyrood by-election

    Angela Rayner accuses Reform of ‘politics of hatred’ as she insists Labour can win bitter Holyrood by-election

    SNP complain about Reform’s ‘race-baiting’ advert on Scottish Labour leader Anas Sarwar

    SNP complain about Reform’s ‘race-baiting’ advert on Scottish Labour leader Anas Sarwar

    Two Israeli embassy staff shot dead in Washington DC, sparking massive anti-terror response

    Two Israeli embassy staff shot dead in Washington DC, sparking massive anti-terror response

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      Salesforce boss Marc Benioff joins Weev.

      What is a virtual office and why you need one in Central London – Your Company Formations Ltd

      What is a virtual office and why you need one in Central London – Your Company Formations Ltd

      Inflation rises again to new 40-year high

      Inflation rises again to new 40-year high

      Bank of England hikes interest rates to 1.25%

      Bank of England hikes interest rates to 1.25%

      Hiring activity in Scotland slows amid steep decline in staff availability

      Hiring activity in Scotland slows amid steep decline in staff availability

      Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

      Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

    • Sports
      Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

      Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

      Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

      Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

      Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

      Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

      The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

      The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

      Celtic on brink of four new signings as Benjamin Nygren lands staggering transfer claim and Balikwisha stays cool

      Celtic on brink of four new signings as Benjamin Nygren lands staggering transfer claim and Balikwisha stays cool

      I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

      I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

      Punters dramatically lose faith in Rory McIlroy in wake of his astonishingly honest US Open confession

      Punters dramatically lose faith in Rory McIlroy in wake of his astonishingly honest US Open confession

      ‘I still always visit Sir Alex Ferguson’s house – even though he branded me a Big Time Charlie’

      ‘I still always visit Sir Alex Ferguson’s house – even though he branded me a Big Time Charlie’

      The £17m reason Celtic won’t sit still this transfer window as Brendan Rodgers learns painful lesson

      The £17m reason Celtic won’t sit still this transfer window as Brendan Rodgers learns painful lesson

      Rangers placed on Vaclav Cerny red alert over Wolfsburg ‘fire sale’ as Cyriel Dessers makes transfer stance clear

      Rangers placed on Vaclav Cerny red alert over Wolfsburg ‘fire sale’ as Cyriel Dessers makes transfer stance clear

      Mathias Kvistgaarden waves Brondby farewell but Celtic hit with transfer blow as boss throws spanner in works

      Mathias Kvistgaarden waves Brondby farewell but Celtic hit with transfer blow as boss throws spanner in works

      World A-listers go nuts for Ange as Roy Keane drops the mic, McCoist breaks down barriers and Salah keeps receipts

      World A-listers go nuts for Ange as Roy Keane drops the mic, McCoist breaks down barriers and Salah keeps receipts

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      • Technology
        Argos offers free QLED TVs with one simple deal – how to get yours today

        Argos offers free QLED TVs with one simple deal – how to get yours today

        Everyone to get mobile phone alert as sirens sound for 10 seconds

        Everyone to get mobile phone alert as sirens sound for 10 seconds

        Lenovo IdeaPad laptop praised for everyday use and affordable price

        Lenovo IdeaPad laptop praised for everyday use and affordable price

        EE unveils huge new discount on JBL Flip 7 Wireless Bluetooth Speaker but you must act quick

        EE unveils huge new discount on JBL Flip 7 Wireless Bluetooth Speaker but you must act quick

        Elon Musk to halt SpaceX’s NASA astronaut missions after Trump’s contract threat

        Elon Musk to halt SpaceX’s NASA astronaut missions after Trump’s contract threat

      • Health
        Scientists just found a sugar switch that ‘protects your brain from Alzheimer’s’

        Scientists just found a sugar switch that ‘protects your brain from Alzheimer’s’

        Brain dead pregnant woman’s family issue update after baby cut from her body

        Brain dead pregnant woman’s family issue update after baby cut from her body

        French chef shares ‘simplest ever’ one pot cake recipe ready in under an hour

        French chef shares ‘simplest ever’ one pot cake recipe ready in under an hour

        TikTok skin care routines ‘harmful’ and ‘problematic’ scientists discover in new study

        TikTok skin care routines ‘harmful’ and ‘problematic’ scientists discover in new study

        10 early signs of Parkinson’s as Ah-ha star Morten Harket announces diagnosis

        10 early signs of Parkinson’s as Ah-ha star Morten Harket announces diagnosis

      • Entertainment
        Home Bargains’ ‘soft’ £30 coat looks ‘just like’ £175 Dryrobe version

        Home Bargains’ ‘soft’ £30 coat looks ‘just like’ £175 Dryrobe version

        Amazon’s most wished for sun lounger drops below £90 ahead of Prime Day

        Amazon’s most wished for sun lounger drops below £90 ahead of Prime Day

        Former DWP employee warns of two-tier State Pension payments for older people

        Former DWP employee warns of two-tier State Pension payments for older people

        Dozens of UK holidaymakers fall ill after five-star ‘holiday from hell’

        Dozens of UK holidaymakers fall ill after five-star ‘holiday from hell’

        Full list of people on PIP most at risk of payment cut under new DWP welfare reforms

        Full list of people on PIP most at risk of payment cut under new DWP welfare reforms

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        Teacher who drank alcohol in ‘mini-rave’ lesson and swore at pupils is struck off

        Teacher who drank alcohol in ‘mini-rave’ lesson and swore at pupils is struck off

        Pupil referral unit that takes children kicked out of school gets flawless Estyn report

        Pupil referral unit that takes children kicked out of school gets flawless Estyn report

        Exam bosses accused of ‘patronising’ Wales and students in Welsh GCSE paper

        Exam bosses accused of ‘patronising’ Wales and students in Welsh GCSE paper

        Cardiff University ‘has no God given right to exist’ bosses say

        Cardiff University ‘has no God given right to exist’ bosses say

        Cardiff University cracks down on students protesting on its campus

        Cardiff University cracks down on students protesting on its campus

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        Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

        Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

        Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

        Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

        Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

        Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

        How the Scottish MPs voted in the assisted dying debate

        How the Scottish MPs voted in the assisted dying debate

        Former Labour MP calls for party to ditch ‘rigged’ voting system

        Former Labour MP calls for party to ditch ‘rigged’ voting system

        Labour’s £14bn ‘fixation’ with new nuclear power ‘won’t cut bills or help climate’

        Labour’s £14bn ‘fixation’ with new nuclear power ‘won’t cut bills or help climate’

        SNP rebels plot to oust John Swinney as party leader after Hamilton by-election loss

        SNP rebels plot to oust John Swinney as party leader after Hamilton by-election loss

        Anas Sarwar should not expect to oust John Swinney yet, says polling guru

        Anas Sarwar should not expect to oust John Swinney yet, says polling guru

        Keir Starmer says he will not support a second independence referendum as Prime Minister

        Keir Starmer says he will not support a second independence referendum as Prime Minister

        Angela Rayner accuses Reform of ‘politics of hatred’ as she insists Labour can win bitter Holyrood by-election

        Angela Rayner accuses Reform of ‘politics of hatred’ as she insists Labour can win bitter Holyrood by-election

        SNP complain about Reform’s ‘race-baiting’ advert on Scottish Labour leader Anas Sarwar

        SNP complain about Reform’s ‘race-baiting’ advert on Scottish Labour leader Anas Sarwar

        Two Israeli embassy staff shot dead in Washington DC, sparking massive anti-terror response

        Two Israeli embassy staff shot dead in Washington DC, sparking massive anti-terror response

        Trending Tags

        • Business

          Salesforce boss Marc Benioff joins Weev.

          What is a virtual office and why you need one in Central London – Your Company Formations Ltd

          What is a virtual office and why you need one in Central London – Your Company Formations Ltd

          Inflation rises again to new 40-year high

          Inflation rises again to new 40-year high

          Bank of England hikes interest rates to 1.25%

          Bank of England hikes interest rates to 1.25%

          Hiring activity in Scotland slows amid steep decline in staff availability

          Hiring activity in Scotland slows amid steep decline in staff availability

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

        • Sports
          Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

          Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

          Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

          Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

          Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

          Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

          The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

          The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

          Celtic on brink of four new signings as Benjamin Nygren lands staggering transfer claim and Balikwisha stays cool

          Celtic on brink of four new signings as Benjamin Nygren lands staggering transfer claim and Balikwisha stays cool

          I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

          I see cracks in Celtic with transfer fears over four starters so maybe this Rangers claim is a myth – Hugh Keevins

          Punters dramatically lose faith in Rory McIlroy in wake of his astonishingly honest US Open confession

          Punters dramatically lose faith in Rory McIlroy in wake of his astonishingly honest US Open confession

          ‘I still always visit Sir Alex Ferguson’s house – even though he branded me a Big Time Charlie’

          ‘I still always visit Sir Alex Ferguson’s house – even though he branded me a Big Time Charlie’

          The £17m reason Celtic won’t sit still this transfer window as Brendan Rodgers learns painful lesson

          The £17m reason Celtic won’t sit still this transfer window as Brendan Rodgers learns painful lesson

          Rangers placed on Vaclav Cerny red alert over Wolfsburg ‘fire sale’ as Cyriel Dessers makes transfer stance clear

          Rangers placed on Vaclav Cerny red alert over Wolfsburg ‘fire sale’ as Cyriel Dessers makes transfer stance clear

          Mathias Kvistgaarden waves Brondby farewell but Celtic hit with transfer blow as boss throws spanner in works

          Mathias Kvistgaarden waves Brondby farewell but Celtic hit with transfer blow as boss throws spanner in works

          World A-listers go nuts for Ange as Roy Keane drops the mic, McCoist breaks down barriers and Salah keeps receipts

          World A-listers go nuts for Ange as Roy Keane drops the mic, McCoist breaks down barriers and Salah keeps receipts

          Trending Tags

          • Technology
            Argos offers free QLED TVs with one simple deal – how to get yours today

            Argos offers free QLED TVs with one simple deal – how to get yours today

            Everyone to get mobile phone alert as sirens sound for 10 seconds

            Everyone to get mobile phone alert as sirens sound for 10 seconds

            Lenovo IdeaPad laptop praised for everyday use and affordable price

            Lenovo IdeaPad laptop praised for everyday use and affordable price

            EE unveils huge new discount on JBL Flip 7 Wireless Bluetooth Speaker but you must act quick

            EE unveils huge new discount on JBL Flip 7 Wireless Bluetooth Speaker but you must act quick

            Elon Musk to halt SpaceX’s NASA astronaut missions after Trump’s contract threat

            Elon Musk to halt SpaceX’s NASA astronaut missions after Trump’s contract threat

          • Health
            Scientists just found a sugar switch that ‘protects your brain from Alzheimer’s’

            Scientists just found a sugar switch that ‘protects your brain from Alzheimer’s’

            Brain dead pregnant woman’s family issue update after baby cut from her body

            Brain dead pregnant woman’s family issue update after baby cut from her body

            French chef shares ‘simplest ever’ one pot cake recipe ready in under an hour

            French chef shares ‘simplest ever’ one pot cake recipe ready in under an hour

            TikTok skin care routines ‘harmful’ and ‘problematic’ scientists discover in new study

            TikTok skin care routines ‘harmful’ and ‘problematic’ scientists discover in new study

            10 early signs of Parkinson’s as Ah-ha star Morten Harket announces diagnosis

            10 early signs of Parkinson’s as Ah-ha star Morten Harket announces diagnosis

          • Entertainment
            Home Bargains’ ‘soft’ £30 coat looks ‘just like’ £175 Dryrobe version

            Home Bargains’ ‘soft’ £30 coat looks ‘just like’ £175 Dryrobe version

            Amazon’s most wished for sun lounger drops below £90 ahead of Prime Day

            Amazon’s most wished for sun lounger drops below £90 ahead of Prime Day

            Former DWP employee warns of two-tier State Pension payments for older people

            Former DWP employee warns of two-tier State Pension payments for older people

            Dozens of UK holidaymakers fall ill after five-star ‘holiday from hell’

            Dozens of UK holidaymakers fall ill after five-star ‘holiday from hell’

            Full list of people on PIP most at risk of payment cut under new DWP welfare reforms

            Full list of people on PIP most at risk of payment cut under new DWP welfare reforms

          • Life Style
          • Travel
          • Education
            Teacher who drank alcohol in ‘mini-rave’ lesson and swore at pupils is struck off

            Teacher who drank alcohol in ‘mini-rave’ lesson and swore at pupils is struck off

            Pupil referral unit that takes children kicked out of school gets flawless Estyn report

            Pupil referral unit that takes children kicked out of school gets flawless Estyn report

            Exam bosses accused of ‘patronising’ Wales and students in Welsh GCSE paper

            Exam bosses accused of ‘patronising’ Wales and students in Welsh GCSE paper

            Cardiff University ‘has no God given right to exist’ bosses say

            Cardiff University ‘has no God given right to exist’ bosses say

            Cardiff University cracks down on students protesting on its campus

            Cardiff University cracks down on students protesting on its campus

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          Labour has bet big on green industrial policy. But there may be there cheaper ways to net zero

          by BP Author
          November 3, 2024
          in World
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          Labour’s first budget in 15 years included a highly anticipated change to the so-called fiscal rules which constrain how much the government can borrow or spend. By relaxing the rules, chancellor Rachel Reeves has opened the door for additional capital spending, much of which has been earmarked for low-carbon investment.

          While there has been immense scrutiny of the budget’s £40 billion in tax increases, more relevant for net zero is around £100 billion of additional public investment over five years. From a climate perspective, it is disappointing that even a revenue-starved chancellor did not have the courage to increase fuel duty. But in terms of clean investments, the budget is bold, and forgoes easier wins for long-term competitive advantage.

          The budget was largely industrial policy, meaning government efforts to shape the economy by targeting specific industries with a range of policy tools. And this was woven through with “green” initiatives.

          For instance, of roughly £15 billion of additional public capital investment planned for 2025, most green investment is allocated towards large industrial projects. This includes £3.9 billion for carbon capture projects to decarbonise certain industries and contracts with 11 green hydrogen producers, £2.7 billion for nuclear power, £134 million in port infrastructure to support offshore wind, and £125 million towards the new publicly-owned company GB Energy.

          Preparing for the net zero end game

          The government should be commended for being forward looking and preparing to reach net zero by 2050. The government’s official advisory body, the Climate Change Committee (CCC), has set out a pathway to net zero. This envisages technologies to decarbonise large industry, such as carbon capture, hydrogen power, low-carbon materials and more efficient equipment, coming online in the early 2030s, accelerating to 2040.

          These are expensive technologies whose deployment will not yield the same quick savings (both in carbon and running costs) as existing clean technologies like heat pumps and electric cars. Nonetheless, it is good that the government is willing to kick-start their development.

          However, notably missing is a clear strategy to meet a fast-approaching 2030 target of removing at least 5 million tonnes per year of greenhouse gases from the atmosphere – the “net” in net zero.




          Read more:
          Getting carbon capture right will be hard – but that doesn’t make it optional


          Existing technologies miss out

          In contrast, we saw relatively smaller amounts committed to scaling up already mature technologies like roof insulation, electric vehicles and their charging stations, heat pumps and so on. These technologies are proven, relatively affordable, and ready to deploy. As there wouldn’t be a long wait for investment in research and development to pay off, this means they could improve productivity faster.

          Row of houses in winter

          The UK has some of the least insulated homes in Europe. The technology to fix this already exists.
          I Wei Huang / shutterstock

          Here, the budget is still positive, but less bold. It commits £220 million for electric vehicle charging points and subsidies, £1 billion in 2025 towards the warm homes plan (with a further £3.4 billion investment guarantee over 2025-27 towards heat decarbonisation and energy efficiency) and £1 billion over three years towards decarbonising the public estate.

          Earlier this year, we published analysis of the investment still required to reach net zero, based on the CCC’s “balanced net zero” pathway. Our work indicates that the deployment of electric vehicles and heat pumps, which are cheaper technologies, were in 2023 roughly 50% and 80% (respectively) below what’s required.

          More investment in these areas could have helped to unlock easier wins from an economy-wide perspective. For instance, our analysis shows that serious public investment in electric vehicles and heat pumps could save a household with one car up to £380 per year.

          In the budget, we saw £5 billion committed for housing. If delivered alongside net zero new-build standards, this could boost energy efficiency and permanently reduce bills.

          Industrial strategy is courageous, but risky

          The UK was one of the first countries to get serious about offshore wind, and has reaped the benefits ever since. The strong focus on industrial policy in the budget indicates the government is taking a punt on being able to repeat the trick.

          This is a bold strategy, albeit one that goes with the current grain of using domestic suppliers where possible and relying less on globalised markets to meet net zero targets. But it comes with risks.

          It is not clear whether the UK, primarily a service economy, will be able to compete industrially with other locations. The Middle East for instance, has cheap solar power it can use to produce green hydrogen. Similarly, China already dominates electric vehicle manufacturing.

          There is potential for jobs in sectors such as finance, or maintenance and repair, in which the UK already has (or can quickly create) an advantage. But jobs in new industries like carbon capture will require strategic investment in training and skills.

          The budget provided an opportunity to link fiscal policy directly to net zero targets, and the new government has put its cards on the table. It sees net zero as an opportunity for industrial renewal. The budget is courageous, in the sense that it exudes confidence in UK industry, though it places less emphasis on how this will help meet net zero targets in the most efficient way.

          A different courageous budget might have placed greater emphasis on the economy-wide impacts of net zero, and greater confidence in globalisation and the rules-based international order.



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