Leading 69. The brutal truth about net zero and how to vanquish climate populists, with Dieter Helm
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Apr 14, 2024 Britain's leading energy economist, Dieter Helm, discusses the challenges of achieving net zero emissions and the global energy transition. He emphasizes the importance of realistic perspectives in climate action and the need for effective investments. The conversation delves into the complexities of climate policy, global efforts for addressing climate change, and the significance of individual actions in reducing carbon footprints.
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Rising CO2 Levels
- Global CO2 levels have risen by two parts per million yearly since 1990, despite climate efforts.
- This questions the effectiveness of current strategies and highlights the challenge's scale.
Fossil Fuel Dominance
- Despite renewable energy growth, fossil fuels still dominate global energy consumption (80%).
- This persistent reliance on fossil fuels underscores the difficulty of transitioning to cleaner sources.
Deindustrialization's Impact
- The UK's reduced emissions are partly due to deindustrialization, with carbon-intensive industries moving abroad.
- This shifts emissions rather than eliminating them, highlighting the need for global solutions.