The UK is unlikely to meet the current target of 80 per cent cuts by 2030 yet is introducing an even more ambitious target which the Treasury estimates will cost £1 trillion.
Politicians are making a habit of introducing legally binding climate change targets that they then leave to others to deliver. As one of her “legacy” policies, Theresa May has authorised a new and binding 2050 carbon-free deadline which has had campaigners purring with delight. This is historic, they say. The UK is a beacon to the rest of the world.
Reducing carbon emissions as part of global efforts to reduce warming is a legitimate policy that has seen considerable cuts in recent years and more investment in renewables. But as we shut down fossil fuel-burning industries and replace them with imported products, all we are doing is exporting those emissions to countries that are not making similar reductions…
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