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The Cost of Net Zero
Risks of Climate Act Net Zero
Book • 2024
David Turver's report examines official cost estimates from bodies like the Climate Change Committee, NESO, and OBR, revealing how methodologies and optimistic assumptions have drastically reduced headline figures from over £1 trillion to as low as £108 billion.
He argues the real gross costs could exceed £7.
6 trillion, potentially reaching £9 trillion including carbon costs, due to intermittency issues with renewables requiring massive backups, storage, and grid upgrades.
Turver calls for transparency on these multi-trillion-pound economic risks to inform public debate.
He argues the real gross costs could exceed £7.
6 trillion, potentially reaching £9 trillion including carbon costs, due to intermittency issues with renewables requiring massive backups, storage, and grid upgrades.
Turver calls for transparency on these multi-trillion-pound economic risks to inform public debate.
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Mentioned in 1 episodes
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, referring to the report from the Institute of Economic Affairs.


Tim Harford

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