14 Aug 2021

The cost of net zero

In this issue

Featured articles

When Theresa May committed the government to achieving ‘net zero’ carbon emissions by 2050, Sir John Armitt, chair of the National Infrastructure Commission, likened it to President Kennedy’s 1961 promise to put a man on the moon by the end of the 1960s. How we would achieve net zero might not yet be clear, but a combination of ambition and ingenuity would somehow see us through. Still, at least JFK had some idea about the cost and he did not make it a legally binding obligation for the US to visit the moon, thus inviting activists to sue the government if it failed.

In defence of net zero: yes, we can afford it

Late in 2013, David Cameron snapped. ‘Get rid of all the green crap,’ the then prime minister told energy ministers. His demand came after a backbench revolt over the surcharges tacked on to household energy bills to support onshore wind power. Not for the last time, his decision was based on a spectacular failure to see one of the big trends of the age: the stunning fall in the costs of renewable energy that was already under way.

Liberté, égalité, vacciné: France’s Covid passport revolt is just beginning

Montpellier Three weeks ago, 100,000 demonstrators turned out on the streets of France to protest President Emmanuel Macron’s hastily passed law to require vaccination passports to get on a train, eat at a restaurant or visit a shopping centre. A week later, the number had more than doubled. Last Saturday, it doubled again. One police union estimated that close to 500,000 had turned out, although as usual the Interior Ministry claimed a much lower number.

Cuomo, Trump and the secret of eternal political life

There are many in Donald Trump’s inner circle who have tried to read his mind these past four years, together with a class of journalists who, on a daily basis, have catalogued his whims and outrages. But perhaps my attention to the former president, after writing three books about him, is unique. I now regard him as my own character, with an ever-so-fine line between what he actually does and what, in moments of inspiration, I imagine him doing.

Who’d want to move to America now?

There’s a biopic released this summer, Roadrunner, about the late great chef, writer, bon viveur and TV presenter Anthony Bourdain. It recounts the many invaluable lessons Bourdain taught, such as: never eat the lower colon of a warthog; never order fish in a restaurant on Monday (it will probably be three days old); and, most of all, the American Dream is over. This last fact may seem jarring. Bourdain was a proudly patriotic American.

The great holiday Covid test rip-off

I holidayed in Malta last month with my partner, having chosen it because it was on the ‘green list’. Foolishly, I assumed this would mean we could waltz back to the UK without any hassle. I was wrong. We needed a test before departing Malta. Within a few minutes of looking on the Malta airport website, I found a provider, headed to their test centre, and €30 later, was given the all clear. But that wasn’t all. To complete my pre-flight passenger form, I needed a ‘Day 2’ test for when I was home.

How the ‘Nixon shock’ reshaped our economy

The dotcom bubble. The financial crisis of 2008 and 2009. The oil price spiral of the 1970s. The launch of the single currency. It would be fun, in a nerdish kind of a way, to debate which was the most seismic economic event of postwar history. But in fact the answer would be this: the ‘Nixon shock’, a fateful day when the final link between gold and the money you carry around in your pocket, or on your bank card, was finally severed.

Notes on...

Will Sizewell C see off the avocet?

There are many reasons why birds disappear — and why they return. The avocet, however, is probably the only one that owes its resurgence to the Nazis. After a 100-year hiatus in Britain, this elegant black and white wader reappeared after the second world war. Four pairs were found in Minsmere nature reserve and another four in Havergate Island, both along the Suffolk coast. These areas had been flooded to prevent a German invasion, making them ideal nesting grounds.

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