'Economic and financial instability': Study lays bare huge risks of delaying net zero goals

Follows Badenoch 'impossible' claims

Academic study argues delayed and disorderly transition to net zero would lead to 'increased inflation, higher interest rates, economic stagnation, and financial instability'

A delayed and disorderly transition towards net zero emissions would threaten economic and financial stability, while increasing the economic risks and impacts from climate change, according to fresh academic research published today (20 March). 'A mistake': Kemi Badenoch slammed over decision to drop support for UK net zero target Published in the journal Ecological Economics, the study simulated a range of different energy transition scenarios, concluding that earlier shifts to reach net zero emissions are far more economically beneficial than delayed transitions that are likely to ...