Boris shouldn’t write off fossil fuels just yet
At last week’s G7 summit, Boris Johnson pushed his fellow leaders to back his climate finance plan to support large-scale renewable energy projects across Africa and parts of Asia. The PM received a decidedly lukewarm response to his new Marshall plan, only netting pledges from Canada and Germany – and for good reason. As Rishi Sunak highlighted this week, when he declined to put a ‘specific figure’ on the cost of Net Zero in an interview on GB News, the cost of these climate plans are anything but clear. Fundamentally, Boris’s plan to boost renewables around the world misses the fact that renewables are actually struggling to catch up with
