UK Government see-sawing with costs & benefits of their Climate Change Bill 2008
May 10th, 2012 by Warwick HughesI was amazed to hear reports quoting UK MP Peter Lilley that the Climate Change Bill 2008 “….puts the Bill’s potential cost as up to £205bn, it says the maximum benefits of this massive expenditure is £110bn(out to 2050).” BBC article from Nov 2008.
I thought, surely no rational society would do something so harmful to itself.
In March 2009 the Labour Government drastically revised the costs & benefits which are now as in this screen-shot.

What a descent into fairyland – and of course the huge and utterly illusory benefits are pumped up by the benefits of UK emission reductions around the world (page 7 of the pdf).
Do readers have an idea where the UK Govt is with all this now in May 2012 ?
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