A cost below 0.5% of GDP to reach 2030 targets
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Marco Venturelli
12 December 2020
In 2008 the UK Climate Change Committee, which I then chaired, estimated that reducing Britain’s greenhouse gas emissions by 80 per cent below 1990 levels by 2050 would cost 1-2 per cent of gross domestic product in that year. In its latest report, it reckons a 100 per cent cut will cost just 0.5 per […]