Climate change: the risks we can't afford to take. Part 2: the danger of delaying public investment
We have asked five leading commentators to set out exactly how they see the risks that we face and why in their view they are risks we can’t afford to take.
In the second of this series of five Green Alliance publications, Paul Ekins, professor of energy and environment policy at King’s College London and a member of Green Alliance, sets out what the government must do in respect of public investment, and why.
The threat of climate change is clear, and the Committee on Climate Change has outlined the path we must take in reducing emissions from all sectors of the economy. Government action on an unprecedented scale is both necessary and urgent. This action will come at a price and, in times of economic uncertainty, there is a risk it will appear too expensive and too difficult. The private sector will need to do much, but government expenditure to kick start major programmes in energy efficiency, research and development and low carbon infrastructure will be absolutely essential if we are to meet the targets in the climate change act.
- Paul Ekins
- Publication Date:
- 17 March, 2009