The British government has embarked on an ambitious and
legally-binding climate change target: reduce the country's
greenhouse gas emissions to Net Zero by 2050. The Net Zero policy
was subject to almost no parliamentary or public scrutiny, and is
universally approved by our political class. But what will its
consequences be? Ross Clark argues that it is a terrible mistake,
an impractical hostage to fortune which will have massive
downsides. Achieving the target is predicated on the rapid
development of technologies that are either non-existent, highly
speculative or untested. Clark shows that efforts to achieve the
target will inevitably result in a huge hit to living standards,
which will clobber the poorest hardest, and gift a massive
geopolitical advantage to hostile superpowers such as China and
Russia. The unrealistic and rigid timetable it imposes could also
result in our committing to technologies which turn out to be
ineffective, all while distracting ourselves from the far more
important objective of adaptation. This hard-hitting polemic
provides a timely critique of a potentially devastating political
consensus which could hobble Britain's economy, cost billions and
not even be effective.
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