Berliner Boersenzeitung - Fears for UK 'green' policies after shock by-election result

EUR -
AED 4.104397
AFN 76.945413
ALL 99.231189
AMD 432.617988
ANG 2.010719
AOA 1036.724537
ARS 1075.538681
AUD 1.641361
AWG 2.011389
AZN 1.904081
BAM 1.955429
BBD 2.252673
BDT 133.324726
BGN 1.955529
BHD 0.42062
BIF 3234.286875
BMD 1.117438
BND 1.441627
BOB 7.709539
BRL 6.055052
BSD 1.115688
BTN 93.249023
BWP 14.748204
BYN 3.651208
BYR 21901.788071
BZD 2.248874
CAD 1.517649
CDF 3208.165381
CHF 0.949812
CLF 0.037689
CLP 1039.944272
CNY 7.880067
CNH 7.870123
COP 4641.820049
CRC 578.89026
CUC 1.117438
CUP 29.612111
CVE 110.244101
CZK 25.088056
DJF 198.672338
DKK 7.466767
DOP 66.967305
DZD 147.657009
EGP 54.142736
ERN 16.761573
ETB 129.466357
FJD 2.459262
FKP 0.850995
GBP 0.83876
GEL 3.051043
GGP 0.850995
GHS 17.539675
GIP 0.850995
GMD 76.548818
GNF 9639.172699
GTQ 8.624365
GYD 233.395755
HKD 8.706352
HNL 27.675753
HRK 7.597474
HTG 147.212093
HUF 393.517458
IDR 16941.25656
ILS 4.226056
IMP 0.850995
INR 93.284241
IQD 1461.522939
IRR 47035.770303
ISK 152.262556
JEP 0.850995
JMD 175.286771
JOD 0.791709
JPY 160.715589
KES 143.922717
KGS 94.13132
KHR 4531.14103
KMF 493.181764
KPW 1005.693717
KRW 1488.975611
KWD 0.340897
KYD 0.929724
KZT 534.908597
LAK 24636.329683
LBP 99909.860054
LKR 340.395471
LRD 223.1377
LSL 19.586187
LTL 3.299505
LVL 0.675928
LYD 5.297996
MAD 10.818149
MDL 19.468309
MGA 5046.04342
MKD 61.598323
MMK 3629.395577
MNT 3797.054841
MOP 8.955702
MRU 44.337595
MUR 51.268486
MVR 17.164273
MWK 1934.433289
MXN 21.694843
MYR 4.698871
MZN 71.348848
NAD 19.586187
NGN 1831.984424
NIO 41.062216
NOK 11.714943
NPR 149.198716
NZD 1.791197
OMR 0.429669
PAB 1.115688
PEN 4.181807
PGK 4.367172
PHP 62.188829
PKR 309.994034
PLN 4.274593
PYG 8704.349913
QAR 4.067529
RON 4.972492
RSD 117.064808
RUB 103.380402
RWF 1504.014883
SAR 4.193134
SBD 9.282489
SCR 14.59602
SDG 672.143165
SEK 11.365691
SGD 1.442952
SHP 0.850995
SLE 25.530448
SLL 23432.113894
SOS 637.579134
SRD 33.752262
STD 23128.713955
SVC 9.762149
SYP 2807.596846
SZL 19.593286
THB 36.793929
TJS 11.859752
TMT 3.911034
TND 3.380559
TOP 2.617156
TRY 38.124201
TTD 7.588561
TWD 35.736832
TZS 3045.822602
UAH 46.114158
UGX 4133.216465
USD 1.117438
UYU 46.101261
UZS 14197.308611
VEF 4047978.463464
VES 41.096875
VND 27494.566096
VUV 132.664504
WST 3.125992
XAF 655.832674
XAG 0.035881
XAU 0.000426
XCD 3.019933
XDR 0.826843
XOF 655.832674
XPF 119.331742
YER 279.722751
ZAR 19.477909
ZMK 10058.288435
ZMW 29.537401
ZWL 359.814634
  • RBGPF

    58.8300

    58.83

    +100%

  • JRI

    -0.0800

    13.32

    -0.6%

  • CMSD

    0.0100

    25.02

    +0.04%

  • BCC

    -7.1900

    137.5

    -5.23%

  • SCS

    -0.3900

    12.92

    -3.02%

  • RELX

    -0.1400

    47.99

    -0.29%

  • BCE

    -0.1500

    35.04

    -0.43%

  • CMSC

    0.0300

    25.15

    +0.12%

  • NGG

    0.7200

    69.55

    +1.04%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • BTI

    -0.1300

    37.44

    -0.35%

  • AZN

    -0.5200

    78.38

    -0.66%

  • RIO

    -1.6100

    63.57

    -2.53%

  • GSK

    -0.8200

    40.8

    -2.01%

  • BP

    -0.1200

    32.64

    -0.37%

  • VOD

    -0.0500

    10.01

    -0.5%

Fears for UK 'green' policies after shock by-election result
Fears for UK 'green' policies after shock by-election result / Photo: JUSTIN TALLIS - AFP

Fears for UK 'green' policies after shock by-election result

Contentious plans by London's mayor to extend a scheme taxing the use of the most polluting vehicles were being blamed Friday for costing his opposition Labour party Boris Johnson's old parliamentary seat.

Text size:

Sadiq Khan intends to expand the Ultra-Low Emission Zone (ULEZ) to the whole of the British capital on August 29 -- barring a last-ditch High Court bid to stop it.

The enlarged scheme -- first introduced in inner London in 2019 and separate from its two-decades-old congestion charge -- will require more polluting vehicles to pay a £12.50 ($16) toll on days they are driven on city roads.

Amid the worst cost-of-living crisis in a generation, that has provoked fury in outer London -- where on Thursday a by-election was held in former prime minister Johnson's Uxbridge and South Ruislip seat.

Labour had been expected to take the constituency as dissatisfaction grows with the ruling Conservatives' handling of the economy and the legacy of Johnson's tenure continues to weigh on the party.

But Steve Tuckwell, the Tory candidate there, spearheaded his campaign around the ULEZ expansion, tapping into local opposition to pull off a surprise victory.

"Sadiq Khan has lost Labour this election and we know it was his damaging and costly ULEZ policy that lost them this election," he told supporters after clinching the seat by less than 500 votes.

The feat could have big ramifications within British politics and for the fate of environmental policies, as net zero and clean air targets collide with the more short-term priorities of increasingly cash-strapped voters.

"In the long term, it's very disturbing," political commentator Ian Dunt tweeted in his analysis of the result.

"It demonstrates the kind of opposition which can be rallied to environmental policies and how easily the Conservatives could be seduced into leading it."

He pointed to protests in France by the "gilet jaunes" (yellow vests) sparked in part by higher road fuel taxes, and in the Netherlands over lower speed limits to meet emissions targets, as ominous signs for Britain.

- 'Challenge' -

Dunt worries Labour, widely expected to win a general election due next year, could become more nervous about sticking to and proposing ambitious climate change policies.

Conservative Party Chairman Greg Hands appeared ready to fuel that fear, arguing Friday that "the electorate don't like Labour being in power".

"It shows what would happen if Labour were running the whole country," he said.

Environmentalists have already been spooked by the opposition party last month scaling back a flagship pledge to invest £28 billion (£36 billion) annually in a transition to "green energy", citing the grim economic climate.

Dissecting the party's defeat Thursday in northwest London, senior Labour MP Steve Reed did little to reassure them.

"I think when the voters speak, any party that seeks to govern has to listen. So that's what Labour will be doing after this," he said.

The party's deputy leader Angela Rayner also conceded the ULEZ expansion "was a problem" on the doorstep and that it will be an issue at the next election beyond just London seats.

"(It) is an issue that's coming to towns and cities near everybody," she said.

But climate campaigners may take some consolation from Rayner hinting Labour could look to offer more financial support to cushion the cost of so-called green policies.

Khan has been criticised for not making a scheme launched alongside the ULEZ expansion paying people to scrap older, more polluting vehicles, more widely accessible and generous.

"It's a challenge of how we meet our net zero targets, how we get the jobs for the future, and how we help people to transition into, you know, more cleaner, cleaner vehicles," Rayner told Times Radio.

She added whichever party wins the next election will need to enable people "to do the right thing but doesn't penalise them and charge them when they can't afford it".

"I think that's the brutal truth of it. That it's a challenge for both of us."

(U.Gruber--BBZ)