Benefits and Jobs
Pensions Update 29 January 2026 on the PHSO Report Response
“I agree that those are good initiatives. I also celebrate the initiative of the Scottish Government, led by the Green party, to make bus fares free for people under 22. Young people desperately need that support because they rarely have access to the family car, as I mentioned. All these interventions represent good value for money. This month, analysis by the Climate Change Committee has reminded us that we can significantly reduce the UK’s exposure to volatile fossil fuel markets if we just think a little further into the future and get things done. The Committee estimates that the transition will cost around £4 billion a year to make our climate targets. That is the cost of one oil shock like the one we are experiencing now, but it would deliver huge benefits, including resilience, the next time this happens, and we can predict that it might.”
