Congratulations to Rishi Sunak

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Congratulations to Rishi Sunak on becoming UK's prime minister today. 

His short-lived predecessor Liz Truss was not only in denial of the climate crisis but was actually actively hostile to renewable energy. Even though she only served 45 days, she imposed a windfall tax on renewables and nuclear energy only and promoted exploitation of oil and gas in the North Sea by issuing new exploration licences. [I am not supportive of nuclear energy.] 

The climate is in crisis. It's deteriorating and we're regularly breaking temperature records in UK despite so-far having it very easy compared to the rest of the World. It can't be simply denied as the Tories have been doing.  Denial of the climate crisis is insane. It's going to get worse and extreme protests like closing the M25 are going to increase, the idea being that the protestors are stopping normal conduct of life that is killing the planet. 

Hopefully Rishi will tax the rich to pay for public services. He should know - through being filthy rich - that they're not even going to notice it. 
Continue ReadingCongratulations to Rishi Sunak

‘Fantastic’: What Truss’s allies said about budget that crashed UK economy

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https://www.opendemocracy.net/en/liz-truss-kwasi-kwarteng-mini-budget-think-tanks/

[Kwasi Kwarteng’s ‘mini-budget’] announcements were cheered on by a group of secretive think tanks closely connected to Liz Truss and her advisers. After years of lobbying, a Conservative government had finally adopted their proposals to scrap the top rate of income tax, remove the cap on bankers’ bonuses, shelve a planned rise in corporation tax, and pledge a fresh crackdown on unions.

The Adam Smith Institute, where Truss’s political secretary Sophie Jarvis was head of government affairs, said the plans were “a welcome first step to getting the British economy back on track”.

The mood was particularly buoyant at the Institute of Economic Affairs (IEA), whose director general Mark Littlewood greeted the announcement by claiming: “This isn’t a trickle-down budget – it’s a boost-up budget.”

None of the think tanks discloses its funders, but the IEA has received donations from BP and ExxonMobil and, along with the Adam Smith Institute and the Centre for Policy Studies, the tobacco industry. The IEA and the Adam Smith Institute have also received millions of dollars from US funders of climate denial.

Continue Reading‘Fantastic’: What Truss’s allies said about budget that crashed UK economy