Energy and Environment

Posing at COP27 should not be the Prime Minister’s priority

Andy Mayer writes in CapX

IEA Chief Operating Officer and Energy Analyst Andy Mayer has written for CapX questioning the need for Rishi Sunak’s attendance at COP27.

Andy wrote:

“The truth is that any serious deals are actually done well in advance of the conference itself, and most could be done without a conference at all. (…) It does not require the Prime Minister’s personal attention to decide whether spending £90m conserving the Congo rainforest is a more worthy project than funding the India space programme, or early stage R&D for a Nigerian battery factory.”

Andy also highlighted the importance of sound economic policy in delivering environmental progress, writing:

“Without sound money and lower debts the UK can’t afford to help anyone else. Without a resilient, affordable energy system rooted in realism about the pace of change from fossil fuel to low carbon, we’re hardly a good example.”

The full article can be read here.