The UK Gov pays fossil fuel companies a £914,000 tax rebate for every £1 million they invest - but only for new oil and gas projects, not for new renewables. Yes you read that right..!
A short🧵
4/ The Stanford study is not isolated. There’s a strong consensus in independent studies that a 100% renewables power system is feasible and cost effective.
We don’t have time to waste - politicians must catch up and stop listening to oil companies.
7/ There are undoubtably challenges, including resource availability.
That’s why we should invest now in energy efficiency. @CREDS_UK have modelled how UK can cut energy >50% without impacting quality of life - actually making it better!
8/ UK is setting terrible example globally by encouraging new fossil fuels against all the science advice.
Incredibly their OWN projections show UK missing key targets by a mile.
Where is the reporting on this? We have to act now whilst there’s still time to change course.
9/ Instead let’s lead the way to a better future. Let’s make a legally-binding obligation to cut emissions in line with 1.5°C and restore nature - and take responsibility for our global footprint.
As UK struggles with soaring energy prices and the threat of blackouts, fossil fuel lobbyists are working overtime to blame net zero. The truth is we're suffering from too little 'net zero'.
Aside from Ukraine, here are 8 real reasons, with graphics:🧵... eciu.net/insights/2022/…
1. Oil companies cut investment in 2015 following a price collapse - limiting supply to prop up prices. ogj.com/general-intere…
2. The UK is rightly phasing out coal power which takes a terrible toll on nature and human health. And our ageing nuclear power stations are being closed. But Government hasn’t acted to replace this lost capacity. Too busy with Brexit? gov.uk/government/sta…