UK net zero plans face political attacks amid oil crisis and economic misconceptions

The article discusses how the UK government's net zero plans are facing criticism from right-wing media and politicians, particularly Conservative leader Kemi Badenoch, who claims net zero is "bankrupting" the country. The author argues this shows a misunderstanding of the UK economy, noting that as a monetary sovereign, the UK government cannot go bankrupt like a household. The piece examines the role of the banking sector in addressing climate change amid rising energy prices and the ongoing oil crisis linked to the war on Iran.