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In their election campaign pledge on Wednesday, the Greens promised to build 150,000 new social housing units every year, introduce rent controls and free bus travel for those under 18. The money for this will be financed in part by a new tax on the rich.

The tax would raise £15 billion a year by the end of the next parliamentary term, starting at 1 percent for wealth over £10 million, according to the party, which came fourth in the London mayoral election in May, losing to the Liberal Democrats by just 70 votes.

The Greens also announced plans to nationalise water companies, including the struggling Thames Water, and introduce a £29 billion fund for insulating homes to reduce energy costs, as well as £4 billion for other buildings and £9 billion to promote low-carbon heating, including heat pumps.

To tackle the housing crisis, local authorities would impose rent controls, while the new build programme would help alleviate the housing shortage, including in London, the party said.

For assets over one billion pounds, the wealth tax would double to two percent.

Speaking on BBC Radio 4’s “Today” programme, Green Party co-leader Adrian Ramsay said it was only fair that those with the “broadest shoulders” contributed more to public services and the green energy transition.

He denied it would trigger an exodus of the super-rich from Britain after France abandoned a similar policy in 2017, and accused both Labour and the Conservatives of a “conspiracy of silence” over future spending cuts.

However, the Greens’ election campaign has been marred by controversy over the alleged anti-Semitism of some of their candidates, including four who were replaced last week.

“I can’t answer a question about every one of the 574 candidates across the country,” Mr Ramsay said when asked about controversial social media posts by two other people who remain Green Party candidates, including one from London.

He could not say whether the two still enjoy the party’s support after publishing anti-Israel comments in response to the October 7 Hamas attacks.

Adam Pugh, Green Party candidate for Lewisham North, posted on X on the day of the terrorist attack in Israel: “There is no peace without freedom. Resist.”

Another, Kefentse Dennis in Birmingham Perry Barr, appeared to show his support for a pro-Palestinian demonstration outside the Auschwitz concentration camp.

The party launched its manifesto in Brighton, where Caroline Lucas was the only Green MP in the outgoing House of Commons.

Sian Berry is seeking to succeed her in the Brighton Pavilion constituency and the party hopes to at least double its number of MPs as co-leader Carla Denyer takes on Labour leader Thangam Debbonaire in the new Bristol Central constituency.

“Now is the time to be ambitious and not unrealistic,” said Ms Denyer at the launch, stressing that the manifesto was “fully calculated.”

She added: “We reject an economy based on injustice and instead advocate for a fairer, greener economy.”

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