There’s no tradeoff between net zero and growth in the UK. That’s the conventional wisdom and the position of the current government. But what if it’s the decline in available electricity that’s causing productivity, GDP and living standards to stagnate? 

New research from Kallum Pickering, chief economist at Peel Hunt, suggests there may indeed be a connection. He joins Merryn Somerset Webb and senior reporter John Stepek on Merryn Talks Money to explain that the rise of power-hungry artificial intelligence and the UK’s renewed focus on defense may mean the government should reexamine its energy policies.

There&rsquo;s no tradeoff between net zero and growth in the UK. That&rsquo;s the conventional wisdom&nbsp;and the position of the current government. But what if it&rsquo;s the decline in available electricity&nbsp;that&rsquo;s causing productivity,&nbsp;GDP and living standards to stagnate?&nbsp;
New research from Kallum Pickering, chief economist at Peel Hunt, suggests there may indeed be a connection.&nbsp;He joins Merryn Somerset Webb and&nbsp;senior reporter John Stepek on Merryn Talks Money to explain that the rise of power-hungry artificial intelligence and the UK&rsquo;s renewed focus on defense may mean&nbsp;the government should reexamine&nbsp;its energy policies.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money

Is There a Tradeoff Between Net Zero and UK Growth?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b2f6fa1e-acb3-45f9-8bbd-b29800f62d6c/transcript

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