UK switch to low-carbon energy will cost Â£5,000 per person a year | Environment | guardian.co.uk. Prof David MacKay, the Cambridge based, straight talking energy academic, and author of the acclaimed ‘Without the hot air’ book on climate change, has released a 2050 carbon descent pathways calculator which shows that the additional, come-what-may cost of delivering a secure energy future will be around Â£100 per week, per household, for the next 40 or so years.
MacKay’s work begs the
important questionÂ of ‘what’s going to give?’ if that much additional funding is needed. Seems to me that one of the most obvious steps is to accelerate the development of community-owned energy schemes that allow ISAs, pensions and other savings vehicles to be directly linked to local energy production, cutting out a) the overheads of the city, b) the compounded negative effects of short term thinking.
One thing’s for sure. We need to start planning for what a revolution in energy costs and supply would look like, even if it means that at a later date, we find – in a highly unlikely scenario – that we were OK all along. Failing to plan for a different future does bring the huge short term benefit of not needing to do anything now. It also brings the cost of increased impacts down the road. It’ll be on our watch.