Given the magnitude of the challenge and the pace of action, it would not be too strong a conclusion to suggest that the Climate Change Act has failed even before it has gotten started.But apparently there is one policy option that I failed to consider: planned economic recession. From the UK Telegraph:
Planned recession. That is sure going to help sell action on climate change.At the moment the UK is committed to cutting greenhouse gases by a third by 2020.
However a new report from the Tyndall Centre for Climate Change Research said these targets are inadequate to keep global warming below two degrees C above pre-industrial levels.
This would mean reducing the size of the economy through a "planned recession".
Kevin Anderson, director of the research body, said the building of new airports, petrol cars and dirty coal-fired power stations will have to be halted in the UK until new technology provides an alternative to burning fossil fuels.