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Rishi Sunak has vowed to make the UK a “green energy superpower”, slamming Russian President Vladimir Putin for what the Prime Minister called “contemptible manipulation” of energy supplies. Giving an address to the House of Commons on the climate summit, which is currently taking place in Egypt, Mr Sunak said that “climate security and energy security go hand in hand”. He said Putin’s war in Russia has “reinforced the importance of ending our dependence on fossil fuels”.
Mr Sunak therefore pledged to “accelerate” the UK’s “transition to renewables”, committing £30 billion to support the country’s “green industrial revolution”.
He told the House of Commons: “Putin’s contemptible manipulation of energy prices has only reinforced the importance of ending our dependence on fossil fuels. So we will make this country a clean energy superpower.
“We will accelerate our transition to renewables, which have already grown fourfold as a proportion of electricity supply over the last decade.
“We will invest in building new nuclear power stations for the first time since the 1990s.
“And by committing £30billion to support our green industrial revolution, we will leverage up to £100billion of private investment to support almost half a million high-wage, high-skilled, green jobs.”
He also hit out at Labour leader Sir Keir Starmer for focusing on paying climate reparations to countries abroad, pledging instead to remain “focused on creating a strong economy here at home”.
The Prime Minister added: “I know the British people trust me to manage the economy, they won’t trust the Labour party.”
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