The party has committed to a goal of making all energy zero-carbon by 2030 but doubled down on strict rules governing tax and spending
would not spend any more more money without tax rises to fund it, the party has promised as it laid out its most detailed plans for power yet.
It states: “Labour’s fiscal rules, as set out by Shadow Chancellor Rachel Reeves, are non-negotiable. They will apply to every decision taken by a Labour government, with no exceptions. That means that Labour will not borrow to fund day-to-day spending, and we will reduce national debt as a share of the economy.”
The national policy forum also backed “an urgent mission to deliver clean electricity by 2030” – meaning that all electricity would be generated by either nuclear power or renewables such as wind and solar. This is separate to the pledge to reach net zero carbon emissions by 2050.
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