Sustainable farming and net zero – a long way to go

Sustainable farming and net zero – a long way to go

What would sustainable agriculture look like? It would be zero carbon consumption or better, deliver food sustainably whilst preserving and enhancing natural capital (including the soils and the peat), offset carbon emissions elsewhere, and pass the assets on to the next generation in good shape. What we have now is no carbon price, no carbon border adjustments, and no overall plan for land use, including carbon sequestration. Agriculture is the largest carbon emitter relative to size in the economy. We have a bottom-up, case-by-case approach, with ELMs (Environmental Land Management schemes) in England and a voluntary carbon offsetting market that looks like the Wild West. There is a chasm between what is going on and net zero. The scope for improvement is correspondingly vast and the time is short – just 28 years to net zero. Creating a green and prosperous agriculture requires a step change, with credible offsetting, credible public goods funding, and polluters being made to pay. All are perfectly achievable and economically efficient, but not if we continue with the current timid approaches.

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Episoder(90)

Why can't we build infrastructure in this country?

Why can't we build infrastructure in this country?

Politicians have been seeking for decades to put right the infrastructure crisis in this country that is rooted not in a lack of ambition, but in deeper economic and political constraints. Building in...

15 Jun 15min

Crisis? What crisis?

Crisis? What crisis?

The International Energy Agency describes the current Iran conflict as the “biggest energy crisis in history”. While oil prices have risen sharply, they remain below the real highs of past shocks. How...

27 Mai 14min

Britain's negative-sum society

Britain's negative-sum society

The concept of a zero-sum game was fashionable in the 1970s. The idea was simple: competing interest groups, and especially unions, would fight for ever-bigger shares of the nation’s cake, and their g...

17 Mai 14min

No such thing as free electricity

No such thing as free electricity

There is no such thing as a free lunch, and there is no such thing as “free” electricity. What is true is that there are going to be days in summer when supply exceeds demands and hence the value of e...

24 Apr 11min

Sticky plaster energy policy is falling apart

Sticky plaster energy policy is falling apart

Another day and another bit of sticky plaster is applied. With the highest industrial energy prices in the developed world, the government is increasing the number of companies that will get a bit off...

20 Apr 15min

Gas prices, gas mistakes and gas policy

Gas prices, gas mistakes and gas policy

The news is very much about gas price shocks, but this is to misunderstand the fundamental difference between temporary shocks and long-term trends. Gas prices spike when major geopolitical events occ...

24 Mar 13min

Britain's industrial energy price crisis

Britain's industrial energy price crisis

Britain is facing a deep industrial energy price crisis, with many major industries collapsing or shrinking because UK electricity costs are among the highest in the world. Recent closures—from refine...

17 Mar 15min

The energy security gap

The energy security gap

The International Energy Agency, at its recent ministerial meeting (Feb 18th/19th), agreed on one top priority: energy security. Hybrid warfare, cyber-attacks and the ease with which modern energy inf...

24 Feb 15min

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