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World

Has the true cost of net zero finally been revealed?

28 September 2023

8:50 PM

28 September 2023

8:50 PM

When the Commons nodded through Britain’s legally-binding net zero target in 2019 all MPs had to go on was the Climate Change Committee’s estimate that the whole process would cost £1 trillion. MPs failed to probe this figure and the government didn’t even try to calculate one. Indeed, when the Treasury attempted to come up with its own figure in 2021 it gave up, saying it couldn’t be done because there are too many unknowables.

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