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Mentioned in 1 episodes

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.

Mentioned by

Mentioned in 1 episodes

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Tim Harford
, referring to the report from the Institute of Economic Affairs.
59 snips
How close is Greenland to the United States?

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