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Strangling Our Economy:’ Report Shows Net Zero Hampers Growth, Doesn’t Lower Emissions
Net zero is a big fat zero for economic growth.
by I & I Editorial Board Mar 10, 2025
Cutting greenhouse gas emissions was going to save the planet at no cost. Turns out it’s an economy wrecker, which is more feature than a bug for many a climate alarmist. [emphasis, links added]
Kallum Pickering, chief economist at Peel Hunt, a London-based investment bank, took on the claim of Labour Party British Chancellor Rachel Reeves, who said that pursuing net zero greenhouse gas emissions didn’t require a deceleration of economic growth.
What he found was “sad to say,” but he stands by the facts.
“The result of the UK’s decarbonization efforts appears to be weak economic growth, stalling living standards, high energy prices and deindustrialization – without denting rising global emissions,” he wrote last week in the Telegraph.
https://climatechangedispatch.com/strangling-our-economy-report-shows-net-zero-hampers-growth-doesnt-lower-emissions/
