Nicholas Stern, pictured, led a review that concluded climate action would cost less than the damage caused by inaction. Photograph: David Levenson/Getty Images
Lord Stern says fossil-fuelled growth is futile as the damage it causes ends in economic self-destruction
Investment in climate action is the economic growth story of the 21st century, while growth fuelled by fossil fuels is futile because the damage it causes ends in self-destruction, the economist Nicholas Stern has said.
The plummeting costs of clean technologies, from renewable energy to electric cars, plus the healthier and more productive societies they enable, meant investments could simultaneously tackle the climate crisis and faltering economic growth, and bring millions of people out of poverty, he said.
This requires big changes in policies and levels of investment and Stern, at the London School of Economics, acknowledged that the geopolitical environment was currently difficult but he said making the rational argument was vital. The US president, Donald Trump, recently called climate change a “con job” and is backing fossil fuel companies to “drill, baby, drill”.
“I’d say to Trump: ‘You’ve got children and grandchildren – think about the science, think about the risks,’ and I’d give examples about the wildfires in California,” said Stern. “I’d point out to him that his place in Florida is going to be extremely vulnerable to more intense hurricanes, sea level rise and storm surges. The people and places he loves are under severe risk.
Neo-Fascist Climate Science Denier Donald Trump says Burn, Baby, Burn.Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Flood waters surrounding houses in Wraysbury, Berkshire in January 2024. Greater London and Yorkshire and the Humber are two regions at particular risk in the coming years. Photograph: Daniel Leal/AFP/Getty Images
Every constituency projected to be at greater risk, with many areas likely to be uninsurable, Guardian investigation finds
Millions more homes in England, Scotland and Wales face devastating floods, and some towns may have to be abandoned as climate breakdown makes many areas uninsurable, a Guardian investigation has found.
New analysis from the insurance industry, seen by the Guardian, reveals the extent of concern in the sector, with bosses warning that large swathes of housing and commercial property in densely populated areas will be at greater risk.
Separately, experts have said that some towns may need to be abandoned as homes and businesses struggle to get insurance in areas repeatedly battered by storms and rising sea levels.
Densely populated areas including London, Manchester and parts of north-east England, are likely to be worst hit. Experts also say London’s flood defences need to be updated urgently to protect the capital from devastating floods.
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Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.Neo-Fascist Climate Science Denier Donald Trump says Burn, Baby, Burn.Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Reform UK leader Nigel Farage speaking in Aberdeen. Credit: Reform UK / YouTube
Nigel Farage’s party was told by Offshore Energies UK to rethink its plan to thwart clean energy.
LIVERPOOL – The UK’s largest oil and gas trade body has criticised Reform UK’s plans to “turn off the tap” on renewable energy.
Nigel Farage’s party has tried to present itself as the oil and gas industry’s closest ally, vowing to “drill, baby, drill” in the North Sea and scrap the windfall tax on excess profits, while meeting with oil executives, and courting donations from the sector.
However, on a panel at the Labour Party’s annual conference in Liverpool on Monday (29 September), a spokesperson for Offshore Energies UK (OEUK) criticised Reform’s plans to end state support for clean energy.
Natalie Coupar, communications and marketing director at OEUK – members of which include fossil fuel giants BP, Shell, ExxonMobil, TotalEnergies, and Equinor – said the group is “apolitical” but gives “hard truths to all parties”.
She said: “One of the things we’ve been saying to Reform very much is, you know, if you’re going to turn on the taps for oil and gas, there’s almost really no point if you’re just going to turn off the taps to renewables.
“That doesn’t help. We need to keep both those streams open.”
According to the Confederation of British Industry (CBI), the UK’s net zero economy grew by 10 percent in 2024, employing almost a million people in full-time jobs.
Coupar also said it was essential to “hold the consensus on tackling climate change and growing our energy future”.
A panel at 2025 Labour Party conference sponsored by Offshore Energies UK (OEUK). Credit: DeSmog
Reform’s Oil Campaign
Reform has vowed to stop all government subsidies for renewable energy, and has pledged to block solar and onshore wind farms in the local authorities it controls.
In May, the party’s deputy leader Richard Ticesaid: “Whether it’s planning blockages, whether it’s judicial reviews, whether it’s lawsuits, whether it’s health and safety notices, we will use every available legal measure to an extreme way in order to frustrate these people.”
Tice – who has said “there’s no evidence that man-made CO2 is going to change the climate” – met with senior oil executives in May and promised to approve new drilling licences “on day one” of a Reform government.
Last month, he pledged to overturn the UK’s ban on fracking for shale gas, which he calls “treasure beneath our feet”, and told the industry to “get ready”.
In April, Reform party treasurer and a billionaire property developer Nick Candy said he was trying to secure donations from oil and gas executives, claiming to have raised £100,000 from one, though this has yet to appear on Reform’s donations register.
As DeSmog has reported, 92 percent of Reform’s funding between the 2019 and 2024 general elections came from climate science deniers or those with highly polluting interests – a total of £2.3 million.
Since his election as an MP last year, Farage has spoken at a string of events in the U.S. organised by radical groups backing U.S. President Donald Trump’s pro-fossil fuel agenda. Last December, Farage launched the UK-EU branch of the Heartland Institute, a U.S. climate denial think tank.
Speaking at the Alliance for Responsible Citizenship conference in London in February, Farage claimed it was “absolutely nuts” for CO2 to be considered to a pollutant. However, he added: “I’m not a scientist. I can’t tell you whether CO2 is leading to warming or not, but there are so many other massive factors.”
Climate scientists at the UN’s Intergovernmental Panel on Climate Change (IPCC), the world’s leading climate science body, have stressed that “it is a statement of fact, we cannot be any more certain; it is unequivocal and indisputable that humans are warming the planet”.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.Nigel Farage reminds you that he’s the man that brought you Brexit and asks what could possibly go wrong.
United Nations • Climate change refers to long-term shifts in temperatures and weather patterns. Human activities have been the main driver of climate change, primarily due to the burning of fossil fuels like coal, oil and gas.
