The cost of decarbonising is vast. Something like the privatisations of the 80s may be needed to raise enough funds
If Labour forms the next government, as polls suggest, it must provide the private sector with the kind of incentives that will lift investment in Britain’s economy, making it more productive and environmentally friendly. Joe Biden has done it for the US. Why not Keir Starmer in the UK?
Transforming the economy will come at an outsize cost. Worse, it’s an escalating cost that is way beyond the public finances of Britain and possibly even the EU.
Continue reading…The cost of decarbonising is vast. Something like the privatisations of the 80s may be needed to raise enough fundsIf Labour forms the next government, as polls suggest, it must provide the private sector with the kind of incentives that will lift investment in Britain’s economy, making it more productive and environmentally friendly. Joe Biden has done it for the US. Why not Keir Starmer in the UK?Transforming the economy will come at an outsize cost. Worse, it’s an escalating cost that is way beyond the public finances of Britain and possibly even the EU. Continue reading…
