Enough with the net-zero doublethink

Our current climate conversation embodies two blatantly contradictory claims. On one side, experts warn that promised climate policies will be economically crippling. In a new report, the International Energy Agency (IEA) states that achieving net-zero in 2050 will likely be “the greatest challenge humankind has ever faced.” That is a high bar, surpassing the Second World War, the black plague and COVID.

On the other side, hand-waving politicians sell net-zero climate schemes as a near-utopia that every nation will rush to embrace. As U.S. climate envoy John Kerry told world leaders gathered at President Biden’s climate summit in April: “No one is being asked for a sacrifice.”

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17 Jun 2021

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Financial Post

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