Skip to content
Friday 7 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Thursday 23 October 2025 11:31 am  |  Updated:  Thursday 23 October 2025 11:52 am

Tony Blair calls on Labour to ditch key net zero target

By: Mauricio Alencar

Politics and Economics Reporter

Add as a preferred source on Google
Breaking news update on current events with focus on general news topics for a diverse audience
Blair's think tank has called for a net zero reset. Suzanne Plunkett/PA Wire

Tony Blair’s think tank has called for the government to ditch its 2030 clean power target as it urged the Labour government to focus on making electricity cheaper in order to persuade Brits to use it over gas. 

In a report published by the Tony Blair Institute (TBI), researchers called for the government to “solve” problems including the decline of North Sea oil production, which had made the UK less secure. 

It is the latest indication that Blair has split from Keir Starmer’s government on key issues after the former Prime Minister publicly backed a cut to the top rate of income tax of 40 per cent. 

Central to its net zero policy, the Labour government wants to remove almost all fossil fuels from the UK’s electricity supply by 2030. But the fresh report argues that a focus on making bills cheaper would help to cut emissions and grow the UK economy.

It also states that a shift in focus would help accelerate electrification across households and industry, which it said was “essential” for decarbonisation.

“The UK’s current energy strategy risks getting the balance wrong,” energy researcher Tone Langengen said. 

“If the transition continues in a way that raises costs, weakens reliability and undermines growth, it will fail both politically and practically. 

“That failure would erode public support at home, damage Britain’s credibility abroad and hand momentum to opponents of climate action.”

The TBI also emphasised that the UK required “mass electrification” and that net zero goals were aligned with a greater focus on considering how lower energy costs could improve the UK’s competitiveness. 

A Number 10 spokesman said the government remained committed to its 2030 clean power target.

Read more

Burnham scraps digital ID scheme

Andy Burnham speaking at a public event, emphasizing local governance and policy changes, wearing a suit and gesturing pas...

““he government and Prime Minister is fully committed to delivering clean power by 2030 because it is how we deliver a system that brings down bills for consumers and protects them against future energy shocks,” the spokesman said.

‘Homegrown power’

The report received an endorsement from the leading energy industry group, Energy UK. 

Chief executive Dhara Vyas said “homegrown power” would allow energy prices to be minimise costs for households and businesses. 

“The energy sector is clear that clean power and electrification is the only way to bring down bills in the long-term by reducing our exposure to volatile fossil fuel markets,” Vyas said. 

“It’s also important to consider whether inaction or delay increases future costs. 

“Businesses investing billions of pounds in our country’s future rely on long-term stability to do so, and so it’s vital that the government continues to provide certainty in order to achieve this much needed transformation.”    

Earlier this year, Blair said net zero efforts required a reset as people had been asked to make “financial sacrifices and changes in lifestyle” they had not expected. 

He suggested that net zero risked losing support if fossil fuels were phased out too quickly. 

A Department for Energy Security and Net Zero spokesperson said: “This report rightly recognises that clean power is the right choice for this country. This government’s clean power mission is exactly how we will deliver cheaper power and bring down bills for good.

“Our mission is relentlessly focused on delivering lower bills for the British people, to tackle the affordability crisis that has been driven by our dependence on fossil fuel markets.”

Read more

Lucy Rigby back as City minister

Lucy Rigby, a blonde woman in glasses and a red blazer, with a phone in her pocket, walking past a black gate.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Economics
  • Energy
  • Politics

People & Organisations

  • clean power
  • electricity
  • Energy UK
  • Keir Starmer
  • net zero
  • Tony Blair
  • Tony Blair institute
  • UK economy

Trending Articles

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan

  • WPP slashes jobs as revenue continues to fall

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’

More from Morning Wire

  • Burnham scraps digital ID scheme

    Politics
    Andy Burnham speaking at a public event, emphasizing local governance and policy changes, wearing a suit and gesturing pas...
  • Lucy Rigby back as City minister

    Politics
    Lucy Rigby, a blonde woman in glasses and a red blazer, with a phone in her pocket, walking past a black gate.
  • Unfunded Digital ID will not free up new cash for Burnham’s cost of living plans

    Politics
    Burnham cityscape at sunset with historic buildings and bustling streets, highlighting the vibrant urban landscape
  • Watch out, Burnham

    watches
    Man in The Passage apron slicing food in a commercial kitchen, with a food allergens chart visible.
  • UK debt ‘hits £3 trillion’ milestone

    Economics
    Houses of Parliament in Westminster showcasing historic architecture under a clear sky, central to UK government and politics
  • Keir Starmer wasn’t weird enough for Westminster

    Opinion
    Keir Starmer holding a football with a World Cup logo, smiling and engaging in a sports event discussion.
  • Industry bodies call on Burnham to bring down energy bills to fire up growth

    Energy
    North Sea oil terminal with tankers, storage tanks, and cranes under a cloudy sky, highlighting energy industry infrastruc...
  • Sizewell B granted 20-year life extension

    Energy
    Sizewell B nuclear power station in Norfolk with clear skies and surrounding landscape, highlighting energy infrastructure.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook