Expensive climate policy is dead. That’s a big opportunity

Climate change is a real problem and we need to fix it but wishful thinking isn’t going to solve the problem. The Paris Treaty will have almost no effect on climate change.

Climate change has been blamed for a dizzying array of absurd woes, from the dwindling number of customers at Bulgarian brothels to the death of the Loch Ness monster. Most of us can see through these silly headlines, but it’s far harder to parse the more serious claims when they’re repeated in good faith by well-meaning campaigners.

Europe is alone; the post-1945 world order has collapsed, and – as Sir Keir Starmer puts it – we’re at “a crossroads in history.” Large-scale rearmament of Europe is now unavoidable, but the costs of doing so appear prohibitive.