by Jonathan Todd
Let Rishi be Rishi, say his advisers. Let him try to set up a dividing line with him and hard-working families on one side and Labour on another. Let him talk gibberish about seven bins and attempt to associate Labour with this. Let him make a solemn speech to the nation from Downing Street, supposedly about tough choices for a shared future, when only a changed government, making different choices, will save our future.
The veneer of competence, which Sunak brought to his office when succeeding Liz Truss, was wearing very thin by the speech’s end. This is the latest phase of his benighted reign. There was the relative calm after the chaos of Truss and Boris Johnson. There were the five priorities for 2023 – which, for Sunak’s misfiring administration, are much more stretching than they initially seemed.
Having not stopped the boots, the role of ULEZ in the Uxbridge byelection appeared as a rubber ring. Many Uxbridge voters who will be unaffected by ULEZ voted Tory in misplaced protest. The latest phase of the Sunak is even more firmly rooted in desperate dishonesty than earlier ones.
The 2030 target for electric cars was achievable – because of investment unlocked by clear and consistent regulation. Instead of applying a similar approach to the 2035 target for boilers, Sunak has watered down both targets. Creating a dividing line between himself and the businesses that, with the right regulatory backing, would make such investment, while claiming to stand-up for hard-pressed households.
What would really help such households is to rapidly push green technologies along the S-curve: “a well-established phenomenon where a successful new technology reaches a certain catalytic tipping point (typically 5-10% market share), and then rapidly reaches a high market share (i.e. 50%+) within just a couple more years once past this tipping point.”
We see market trends in green technologies that align with the S-curve. Wind and solar power generation, for example, is now 12% of the global total from less than 1% a decade ago, growing at 20% per year. By effectively banning onshore wind farms in England for the past eight years and botching a recent auction for a major offshore wind farm, the UK is failing to fully take advantage of this emerging era.
