To ensure a green future the UK cannot rely on free markets alone | Richard Partington
by Richard Partington from on (#4JNMK)
The scale of the climate emergency requires nothing less than full government engagement
With just 11 years left to prevent irreversible damage caused by the climate emergency, there are still options to wean the world's economy off its reliance on fossil fuels. However, anything less than putting Britain on a war footing will not be enough.
The government response so far has been timid. Theresa May introduced a net-zero carbon emissions target for 2050, but there are reasons why the Conservatives haven't gone further: her party is hard-wired to fail. Clinging to a belief in the power of free markets, it neglects the fact that to decarbonise the economy greater investment from the state is required.
Continue reading...