Tag: Climate Change

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Today the Times reported that “The floods that devastated Brechin were not predicted to hit for another 60 years, according to climate change modelling by Scotland’s environmental watchdog”. The 2021 Scottish Environmental Protection Agency (Sepa) flood risk plan had estimated that about 440 homes and businesses in Brechin would be liable to flooding by the…

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Yesterday the Prime Minister was forced to react to a leak and bring forward a speech about his more ‘pragmatic’ approach to Net Zero. A lot of ink has been spilled over the speech and there are extensive minute by minute reports of the speech and this morning’s R4 Today programme interview in the Guardian…

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The IMF, Carbon Pricing and Explicit and Implicit Fossil Fuels Subsidies Here are two terms that anyone who wants to preserve a stable climate needs to know: explicit fossil fuel subsidies and implicit fossil fuel subsidies. Explicit fossil fuel subsidies from governments directly reduce the price of fossil fuels, thus making it attractive to investors…

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Whilst not asking directly for Climate Income an editorial in The Times today puts the case for a Carbon Tax…..The message from policymakers must be that mitigating climate change can best be tackled through the continual innovations that are characteristic of market economies. And that doing so, using the price mechanism to encourage new technologies,…