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General election 2019: Green Party pledges £100bn a year for climate action | General election 2019: Green Party pledges £100bn a year for climate action |
(32 minutes later) | |
The Green Party will pledge to invest £100bn a year in climate action for a decade if it gets into power. | The Green Party will pledge to invest £100bn a year in climate action for a decade if it gets into power. |
Launching her campaign in Bristol, co-leader Sian Berry will say: "Some things are even bigger than Brexit. This must be the climate election." | Launching her campaign in Bristol, co-leader Sian Berry will say: "Some things are even bigger than Brexit. This must be the climate election." |
The party says it will fund the pledge by borrowing £91.2bn a year, with a further £9bn from "tax changes" including a rise in corporation tax. | The party says it will fund the pledge by borrowing £91.2bn a year, with a further £9bn from "tax changes" including a rise in corporation tax. |
The Greens will also set out plans to make Britain carbon neutral by 2030. | The Greens will also set out plans to make Britain carbon neutral by 2030. |
The government has already committed to cut carbon emissions to net zero by 2050, a move announced by former Prime Minister Theresa May before she left office earlier this year. | |
Political parties have begun to launch their election campaigns after the overnight dissolution of Parliament heralded the official start to the five-week campaign period. | Political parties have begun to launch their election campaigns after the overnight dissolution of Parliament heralded the official start to the five-week campaign period. |
Brexit is set to be a crucial issue when voters go to the polls on 12 December, with Prime Minister Boris Johnson insisting the UK will leave in January if he is returned to power. | Brexit is set to be a crucial issue when voters go to the polls on 12 December, with Prime Minister Boris Johnson insisting the UK will leave in January if he is returned to power. |
However, some parties, including the Greens, are using their campaigns to draw attention to other issues. | However, some parties, including the Greens, are using their campaigns to draw attention to other issues. |
Elsewhere in the election campaign on Wednesday: | Elsewhere in the election campaign on Wednesday: |
At the Green Party election campaign launch, Ms Berry is due to say: "Let's be honest about the situation we're in. We know these are dark times. It's easy to fear the future. | At the Green Party election campaign launch, Ms Berry is due to say: "Let's be honest about the situation we're in. We know these are dark times. It's easy to fear the future. |
"The threat of Brexit hangs over our heads, the climate emergency rages from the Amazon to the Arctic, and our fragile democracy is under attack. | "The threat of Brexit hangs over our heads, the climate emergency rages from the Amazon to the Arctic, and our fragile democracy is under attack. |
"But despite all this, Greens don't fear the future. | "But despite all this, Greens don't fear the future. |
"We welcome the future. Because we know that we stand at the threshold of what could be the most exciting and prosperous period of British history." | "We welcome the future. Because we know that we stand at the threshold of what could be the most exciting and prosperous period of British history." |
Reality Check: Where will the £100bn come from? | Reality Check: Where will the £100bn come from? |
By Tom Edgington, BBC Reality Check | By Tom Edgington, BBC Reality Check |
The Green Party is proposing to fund its key pledge by increasing government borrowing by £91bn a year. | The Green Party is proposing to fund its key pledge by increasing government borrowing by £91bn a year. |
The remaining £9bn will come from tax changes, including an increase in corporation tax to 24%. | The remaining £9bn will come from tax changes, including an increase in corporation tax to 24%. |
This would represent a massive increase on current borrowing levels. The independent Institute for Fiscal Studies believes government borrowing will be £55bn this year. | This would represent a massive increase on current borrowing levels. The independent Institute for Fiscal Studies believes government borrowing will be £55bn this year. |
In terms of how £100bn compares to other areas of UK government spending, it's about the same that's spent on education each year. | In terms of how £100bn compares to other areas of UK government spending, it's about the same that's spent on education each year. |
Ms Berry has co-led the Greens alongside Jonathan Bartley since September 2018. Previously, the party was led by Mr Bartley and its only MP, Caroline Lucas. | |
Deputy leader Amelia Womack will also set out the Green Party's plan to make the country carbon neutral by 2030. | Deputy leader Amelia Womack will also set out the Green Party's plan to make the country carbon neutral by 2030. |
This will be done, Ms Womack will say, by building 100,000 energy efficient homes each year, by "revolutionising" transport infrastructure, a roll-out of renewable energy and creating "hundreds of thousands" of "low carbon jobs" - including, for example, workers installing insulation in homes. | This will be done, Ms Womack will say, by building 100,000 energy efficient homes each year, by "revolutionising" transport infrastructure, a roll-out of renewable energy and creating "hundreds of thousands" of "low carbon jobs" - including, for example, workers installing insulation in homes. |
"This could be our last chance to elect a Parliament to keep us below dangerous warming," Ms Womack will say. | "This could be our last chance to elect a Parliament to keep us below dangerous warming," Ms Womack will say. |
"The climate doesn't care about promises. The environment doesn't care about pledges. | "The climate doesn't care about promises. The environment doesn't care about pledges. |
"What we need is action. And the Green Party has the single most ambitious and comprehensive plan to go carbon neutral by 2030 while delivering social justice across Britain." | "What we need is action. And the Green Party has the single most ambitious and comprehensive plan to go carbon neutral by 2030 while delivering social justice across Britain." |
Labour has also set out some of its own environmental pledges, including a promise to cut UK carbon emissions by 10% through a home improvement programme. | Labour has also set out some of its own environmental pledges, including a promise to cut UK carbon emissions by 10% through a home improvement programme. |
A Labour government would fund £60bn of energy-saving upgrades, such as loft insulation, enhanced double glazing and new heating systems, by 2030. | A Labour government would fund £60bn of energy-saving upgrades, such as loft insulation, enhanced double glazing and new heating systems, by 2030. |
The Conservatives say it has "a proper plan to continue reducing carbon emissions" which will build on the "400,000 low carbon jobs we've already created [while in government]". | The Conservatives say it has "a proper plan to continue reducing carbon emissions" which will build on the "400,000 low carbon jobs we've already created [while in government]". |