Rishi Sunak’s failure to spot the growth potential from greening the economy means Britain risks losing out in the global race to exploit the opportunities from tackling the climate crisis, the shadow chancellor, Rachel Reeves, has said.
Interviewed ahead of Wednesday’s budget, Reeves said it was clear the chancellor was “quite a sceptic” both about the climate threat and the ability of government to do anything to meet the challenges ahead.
“When Sunak talks about climate it is always about the costs and not the opportunities,” Reeves said. “That is quite different from my approach. The only way to be a responsible chancellor in today’s world is to be a green chancellor.”
The Treasury said the budget would include funding of £26bn to meet the
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