🌳 We’re off — Barriers to a Green Revolution at #CPC21

😊 Free market environmentalism can lead to a greener, freer, more prosperous society for future generations.

🗣 @AusHCUK, @CSkidmoreUK, @Con_Tomlinson, and @DrRussTucker
@AusHCUK says the key first barrier to a green revolution is the over reliance on state-based solutions — it depends on countless individual investors and billions of consumers.

Governments can set a framework but state-based, top-down solutions won’t make a difference.
@AusHCUK says Australia’s ambition is to reach net zero “as soon as we can, preferably by 2050” — by developing the technologies to enable the transition. Just announcing a target doesn’t make it a reality.
@CSkidmoreUK: It’s easy to amend the act to change the targets but he has “reservations” about 2050 — China will continue to increase emissions and build coal fired power plants.
Skidmore notes the danger of “Not in my term of office (NIMTOOs)”.

There’s a need for less national targets by 2050 and more focus on shorter term targets and on individual targets for technologies. The risk is
Nuclear: There’s a surge in demand that can’t be met with wind and solar. The single biggest need is to have a coherent nuclear strategy, including reactors of all sizes.
@DrRussTucker: There will be 10 billion people and 70% higher demand in meat by 2050 while 18% of emissions comes from animal agriculture.

Cultivated meat could be a key part of the solution with Ivy Farms to develop their first “urban farm” by 2023.
There’s a need for appropriate regulation from the Food Standards Authority.

The U.K. is falling behind. Cultivated meat is already legal in Singapore.
@AusHCUK says that trade is part of the solution to green challenges not part of the problem. Global shipping and freight can be carbon neutral.
@morgandelmeier: NZ lamb is more efficient then Welsh lamb so produces fewer emissions.
@CSkidmoreUK: Germany’s abandonment of nuclear energy was a “retrograde step” that has led to more dependence on coal.
@Con_Tomlinson: The current approach to Net Zero is focused on the wrong technologies. Renewable energy isn’t the solution because of the heavy costs of batteries: £2.9 trillion.
@Con_Tomlinson: a border adjusted carbon tax would be made revenue neutral by reducing other taxes, thereby helping reducing carbon emissions without increasing costs to consumers.
@DrRussTucker: if the UK doesn’t improve the regulatory process for cultivated meat then innovators will look elsewhere like Singapore and the US.

There’s a lack of framework and expertise to enable these new technologies.

It takes time to get regulatory approval 18m-3yrs.
@morgandelmeier asks why not stop eating meat?

@DrRussTucker: “People love meat.” I’m from a family of butches.

It’s about giving consumers choice to decide which product they would like to buy including cultivated meat.
@CSkidmoreUK calls for “Freedom to Innovate Bill” to address issues around nuclear, cultivated meat, gene editing and other innovate ways to solve environmental challenges.
@AusHCUK calls for sharing knowledge and techniques in the run-up to COP26 to achieve Net Zero.
@CSkidmoreUK says it’s a failure to not include all groups in COP26 conference including nuclear and other non-renewables.

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More from @ASI

4 Oct
🥇The Golden Opportunity: How Britain can embrace tobacco harm reduction

🗣️ @JTI_global, @NNAlliance, @MOates_ & @cjsnowdon, and @DanielPryorr
@DanielPryorr says this is a pivotal year in tobacco harm reduction with the UK leaving the European Union and the COP9 — the UN’s tobacco control conference.

The UK can play a role in a more liberal and effective tobacco harm reduction approach.

adamsmith.org/research/the-g…
@MOates_ says the government shouldn’t use bullying and cohesion to discourage tobacco use.

Free consumer choice is essential: vaping, Swedish snus, nicotine patches and ‘heat not burn’. They need to be safely regulated, allowed to be advertised and not banned.
Read 15 tweets
3 Nov 20
We're kicking off with @s8mb who recently wrote 'Covid: The War We Never Fought' which you can read here: sambowman.substack.com/p/covid-the-wa…
@s8mb Some believe that the winter spike and a choice between a second lockdown or hundreds of thousands dying was inevitable. That's simply not true, says @s8mb.
Read 20 tweets
24 Jun 20
Our webinar 'Doing our Duty by Hong Kong' is LIVE now on Zoom and Facebook!

Tune in now to hear from
@joshuawongcf, @lisanandy, @TomTugendhat, and @benedictrogers

We'll be live tweeting along here!

facebook.com/watch/?v=30161…
First up is @benedictrogers, Chair and Co-founder of Hong Kong Watch giving us a rundown of the new security law being imposed by China.

It could become illegal to host this webinar as China cracks down on free speech and criticism of the regime.
Why should the UK care?

@benedictrogers says that not only does the UK have a legal commitment to Hong Kong via the Sino-British Joint Declaration, but also because Hong Kong represents freedom and liberty and threat to Hong Kong is a risk to world order
Read 29 tweets
1 Apr 20
NEW REPORT: 'Testing Times: The urgent need to decentralise COVID-19 diagnostic testing in the United Kingdom' by our @matthewlesh makes the case for allowing private, university and charity labs to test for COVID-19.
➡️ The UK has fallen to the bottom quarter of OECD countries for COVID-19 diagnostic testing, per capita .

➡️South Korea has tested four times as many people as the UK, Germany almost three times and the United States now almost twice as many, per capita.
➡️ The early decision to centralise testing to a single Public Health England (PHE) laboratory, and a single in-house test, has hampered the ability to increase testing in the UK.

➡️ PHE has been dangerously slow, excessively bureaucratic and hostile to outsiders and innovation
Read 6 tweets
20 Feb 20
The Factory Tax is holding back Britain, @CatoInstitute’s @MrRBourne writes in the @Telegraph referencing the @ASI’s latest paper.

telegraph.co.uk/business/2020/…
“A key cause of [low productivity] is surely Britain’s stingy capital allowances for these investments within its corporation tax code – a phenomenon the Adam Smith Institute (ASI) has called a “factory tax”.”
“While the UK has a low headline corporation tax rate, new fixed capital investments can only be partially claimed back by businesses over time, rather than immediately written off like spending on raw materials or workers’ wages.”
Read 7 tweets
8 May 19
Mike Pompeo is absolutely right to say it's "disgusting" that UK political leaders refuse to drop their support for Venezuelan dictator Maduro. The @ASI has been a vocal opponent of his socialist regime, most recently through our Venezuela campaign. Some highlights follow...
“In a centrally planned economy, the ruling class can use goods in short supply as a political instrument of control.” Short supplies are a feature, not a bug of the socialist system.
adamsmith.org/blog/venezuela…
It is ideological obsession with the extremist Chavista dogma which is responsible for the Venezuelan crisis. “Chavistas themselves, the party elite and military, are benefiting financially amidst the carnage.”
adamsmith.org/blog/venezuela…
Read 8 tweets

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