Chancellor Philip Hammond says he supports legislation setting a target of reaching “zero-net” carbon emissions by 2050.
However, he added it would cost “about £1 trillion” and said “before we make that commitment, we need to be sure that we understand all the implications”.
In a letter to Theresa May, leaked to the Financial Times, the chancellor reportedly warned the target would mean less money for schools, police and hospitals.
Get more stuff like this
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.