Thread by @GPUKnews

1.This Wednesday the Government will publish the Autumn Spending Review and Budget; an opportunity to demonstrate their public spending commitments to tackling the #ClimateEmergency #NatureEmergency and #JustTransition

Here’s what you should look out for:

A press briefing🧵

2.Greenpeace analysis suggests the Chancellor should prioritise
🔎 green homes
🔎 clean transport
🔎 nature
🔎 circular economy
🔎 support for workers transitioning to green jobs

3. In the next 3 years, an extra £73bn of public investment will be needed to meet these priorities.

And if they are met, they have the potential to create 1.8m green jobs over the course of 4 years.

4. As well as priorities, there are some major 🚩🚩🚩 to look out for

5. New nuclear – Nuclear is more than 2x the cost per unit power generated than renewable energy. Studies show that for the entire UK energy system, no new nuclear after Hinkley Point C is required to keep the lights on and be the lowest cost path to meeting carbon budget targets

6. 🔵Blue🔵 hydrogen – This fossil fuel derived hydrogen is not compatible with net zero and should not be part of a Net Zero Strategy.
BUT In parts of the economy that will be difficult to electrify,🟢green🟢 hydrogen (derived from renewable energy) could play an important role.

7. New roads - The £27bn Road Investment Strategy undermines the Government’s ambition to cut emissions from transport (or at all). Road building has low job creation potential and unproved economic impact.

greenpeace.org.uk/news/people-do…

8. Carbon Offsetting (aka. CO2lonialsim) - Is unreliable, creates social injustice and biodiversity loss. Rather than externalizing our emissions, the government must focus on direct domestic reductions (e.g. insulating homes).

greenpeace.org.uk/news/the-bigge…

9. Slashing the aid budget – The UK has a historic responsibility to financially support the world's poorest countries that are on the frontline of the climate crisis. Being a global leader requires stepping up financial support, not stripping it back. 🇬🇧🤔

10. For more in-depth analysis of the key priorities, red flags and our tax considerations, see the full press briefing ⬇ a very practical guide for how the government can #StopFailingUs

greenpeace.org.uk/resources/gree…