What's Left? With Jovan + Freddie

Eco Tycoon Says 'Scrap Net Zero' - Dale Vince


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Green Industrialist and Labour Party mega-donor Dale Vince is beefing with Energy secretary Ed Miliband, as speculation around Andy Burnham's Chancellor nomination reaches fever pitch.

Vince, in typically bombastic style, intervened in the Times to argue that Labour should 'scrap Net Zero'. Yep, you read that right.

Is Britain's most divisive 'Eco Tycoon' reneging on his lifetime commitment to environmentalism?

Of course not.

Vince is arguing that a number of policies within 'Net Zero' amount to a waste of public money, zeroing in on carbon capture and heat pump subsidies. He says that Reform UK's attack line against Net Zero is cutting through as families face stubbornly high energy costs, which look set to rise after Trump's reckless war against Iran.

Conveniently for Vince, this intervention coincided with Burnham's first major speech outlining his policy direction if he becomes Prime Minister.

Centring on increasing devolution, Burnham has committed to reindustrialising Britain - which could run into conflict with Labour's highly ambitious green transition to a net zero energy grid by 2030.

Subsequently, Miliband has been the subject of unprecedented Union endorsements and denouncements as Burnham weighs up his choice for Chancellor. Not only is Miliband too ideological for the right-wing press, it appears he's no longer the man for Dale Vince either.

Their beef hinges on Miliband's failure to fully commit to Vince's flagship policy of 'breaking the link', decoupling expensive gas pricing from all other energy pricing... Let us know what you think in the comments.

Chapters

00:00 Intro

03:25 Dale's Beef With Ed Miliband

05:23 'Breaking the Link' between Gas Prices and Electricity

09:05 Carbon Capture Racket

12:30 Dale vs. Nuclear Energy

16:19 In Defence of Nuclear Buildout

20:15 Why Isn't Britain's Grid Working?

24:19 Is Dale Protecting His Business Interests?

28:56 Air Conditioning Rollout vs. Climate Activists

31:21 Does Burnham Have a Mandate for Change?

33:20 Will Vince Remain a Donor if Burnham Reindustrialises?

...more
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