If the UK spends billions of pounds it might be able to reduce CO2 emissions by a small amount. However all that means is that the price of fossil fuel will drop and developing countries will consume even more faster.
All the coal, gas and oil that gets dug out the ground gets consumed and this is what determines the global CO2 emissions. If price of gas goes down, people turn the heaters up. So all these green policies to date have had no impact on global CO2 emissions.
However green policies are a useful tool to raise taxes, which is basically what Ed Millibrand wants to do. What he won't do is "change the climate".
All the coal, gas and oil that gets dug out the ground gets consumed and this is what determines the global CO2 emissions. If price of gas goes down, people turn the heaters up. So all these green policies to date have had no impact on global CO2 emissions.
However green policies are a useful tool to raise taxes, which is basically what Ed Millibrand wants to do. What he won't do is "change the climate".
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