Who wants Liz Truss's bonfire of net-zero red tape? Not big business, for a start | Gaby Hinsliff

The Tories were once the party of business. Now all they know how to do is drag Britain back to the 1980sIf Liz Truss believes wholeheartedly in one thing, it's that nobody likes being told what to do. People don't want to be nagged about their weight, or nudged to eat less and move more. They don't want to be told what they can say on social media. And above all, businesses want to be free to make piles and piles of money, unhindered by regulation and red tape and what David Cameron famously called "green crap". But when she said she didn't mind making herself unpopular in the process of unleashing all that growth, she didn't mean with the people doing the growing.What to make, then, of the fact that this week more than 100 big corporate names from Ikea to Amazon, Coco-Cola and Sky signed an open letter urging the government not to backtrack on net zero, following hints that Truss might be considering doing exactly that? This wasn't in the script, either for the deregulatory right or arguably that part of the left convinced that capitalism loves nothing more than warming its rapacious hands over a bonfire of crackling red tape, while watching the planet burn. What, exactly, is going on?Gaby Hinsliff is a Guardian columnist Continue reading...