"Chancellor Phillip Hammond was slapped down by Downing Street last week for warning that reaching net zero carbon emissions could cost the UK £1 trillion and require cuts to funding for schools, hospitals and the police force.
...Almost all signatories to the Paris Agreement on climate change are failing to live up to their promises.
This is nothing new, countries have been failing to deliver ever since the Rio de Janeiro Earth Summit was held back in 1992.
Their grand promises always run up against the hard reality that forcing a transition from fossil fuels to alternatives remains incredibly expensive and is the reason why renewable energy has only increased by 1.1 percentage points in that time — from meeting 13.1 per cent of the worlds energy needs in 1992 to 14.2 per cent today.
The UK is, reportedly, already resorting to the use of "creative accounting" as it attempts to meet its current obligation of reducing emissions by 80 per cent by 2050.
However, that hasn’t stopped the government considering an even bolder promise: net zero..."
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