MPs to scrutinise Treasury role in green policy
- 6 days ago
- 1 min read
(by Karma Loveday)
The Environmental Audit Committee has launched a new inquiry to explore the Treasury’s role in environment and climate policy. Key areas of focus include whether the Government’s fiscal rules constrain environmental policy, and how the Treasury assesses the long-term economic risks presented by climate change and biodiversity loss. Specific questions the Committee intends to consider include:
How fiscal rules and spending constraints affect investment in climate and environmental policy.
How measures such as sustainability and natural capital inform Treasury decisions, alongside traditional measures such as gross domestic product.
To what extent environmental duties, such as the Environmental Principles Policy Statement, are applied in Treasury policy decisions.
What progress the Government has made in implementing recommendations from the Dasgupta Review on the Economics of Biodiversity.
Evidence can be submitted until 21 May.
The situation regarding the Tunbridge outages has been a major concern for local residents, and it’s a big step to see the utility provider finally acknowledging accountability for what were avoidable disruptions here in the UK. I actually first heard about the scale of these infrastructure fixes when I saw someone browsing extreme spins on their phone during my commute; the page loaded so fast it caught my eye, and I ended up looking into the story myself. Clear communication during these events is just as vital as the repairs. Do you think this admission of responsibility will lead to actual compensation for households, or is it just a formal gesture?