Then it’s a higher cost. Deal with it or find something else that does the same job. Basic economic method of tackling negative externalities. If there is a gap in the market then there will be development of products to fill that gap.
Take your point on pension funds but ultimately you could use that argument with anything. Fact is, a lot of the multinationals are not environmentally sustainable. They have to change or people like me won’t get the opportunity to draw my pension due to climate disaster.
But there will always be a lag. For example the electric vehicle is available but they are currently expensive and not in reach of a majority of the public (not just the base cost the cost of chopping in your old car, it’s not a priority for the average man/woman). A majority of people will still be driving petrol and diesel in five years. Most logistics and transport firms will have petrol/diesel fleets, therefore any increases will flow into product prices.
Tax oil companies now and costs will be passed onto public/consumer, probably hitting people who can least afford it most.
As I say, the premise and underlying aim is one I 100% agree with (we need to move to cleaner energy production/usage quickly) but let’s not kid ourselves it wont cost us all to do this. I’ve always thought pushing people towards public transport is the key but successive governments haven’t done enough in this area.
This ‘the manifesto will only cost the top 5%, billionaires, tech firms and oil companies’ is nonsense