This was always going to happen. There was always going to be a moment when the seemingly dry question of decarbonisation became a dominant – the dominant – question in British politics; a moment when the government and opposition would have to genuinely address a question that was no longer abstract, no longer about measures to take in distant decades to prevent climate impacts in distant lands. Are we actually going to clean up our economy, and if we are, then who’s going to pay for it?
Some world leaders understand the moment we’re in and are acting accordingly – to defend a global climate that allows humans to prosper, but also to ensure their economies prosper this century. President Joe Biden’s Inflation Reduction Act is the biggest single investment of money into decarbonisation ever attempted, and the consequences are scaring European policymakers witless. The White House has made a huge intervention in the US economy in an effort to ensure America, not China, dominates technologies this century.
