“Peak Green” In The West: What It Means For The East

“Peak Green” In The West: What It Means For The East

Share to Linkedin LONDON, UNITED KINGDOM - 2022/01/31: Protesters hold placards calling for an end to fuel poverty and ... [+] help with heating bills, during the rally. Charity organisation, Age UK was joined by demonstrators outside Downing Street as they delivered a letter to Boris Johnson signed by over 97700 people, urging the government to help elderly people with their energy bills. One million older people live in fuel poverty and are unable to afford the cost of heating during winter. (Photo by Vuk Valcic/SOPA Images/LightRocket via Getty Images) Recent political events on both the EU and the US signal "peak green". Unlike "peak oil" whose time never seems to come despite many earlier confident predictions, peak green seems to be happening now, in real time. What precisely is peak green? The beginning of the end of a period of ever-expanding and costly climate change regulations on businesses and households is as good a definition as any. There has been a succession of setbacks to the green cause on both sides of the Atlantic. To policy makers in the developing countries of the East, representing some 7 of the world's 8 billion people, these policy challenges faced by Western