{"id":49279,"date":"2019-06-28T03:00:18","date_gmt":"2019-06-28T07:00:18","guid":{"rendered":"https:\/\/quotulatiousness.ca\/blog\/?p=49279"},"modified":"2024-04-26T22:18:54","modified_gmt":"2024-04-27T02:18:54","slug":"what-does-1-trillion-buy-you","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2019\/06\/28\/what-does-1-trillion-buy-you\/","title":{"rendered":"What does \u00a31 trillion buy you?"},"content":{"rendered":"<p><a href=\"https:\/\/order-order.com\/2019\/06\/27\/tory-mps-told-boast-unfunded-economy-wrecking-pledge\/\" rel=\"noopener\" target=\"_blank\">Not much<\/a>, apparently:<\/p>\n<blockquote><p><a href=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/UK-spends-a-trillion-pounds.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/UK-spends-a-trillion-pounds.jpg\" alt=\"\" width=\"540\" height=\"304\" class=\"aligncenter size-full wp-image-49280\" srcset=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/UK-spends-a-trillion-pounds.jpg 540w, https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/UK-spends-a-trillion-pounds-150x84.jpg 150w, https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/UK-spends-a-trillion-pounds-480x270.jpg 480w\" sizes=\"auto, (max-width: 540px) 100vw, 540px\" \/><\/a><\/p>\n<p>Tory MPs have been told by CCHQ to share this graphic boasting about their new commitment to make the UK carbon-neutral by 2050. No other major country has committed to the pledge although Theresa May is planning a desperate attempt at the G20 to talk other leaders into it. <font color=\"red\"><em>The fact that developed countries going \u2018net zero\u2019 simply means they\u2019ll outsource all their emissions to the developing world instead seems to be completely lost on her\u2026<\/em><\/font><\/p>\n<p>The pledge will cost the UK at least \u00a31 trillion, much of which will be borne by individuals and businesses rather than the exchequer, we don\u2019t know the true cost as May hasn\u2019t even done a proper Treasury analysis. Eco-fanatics love to talk about the burden this generation is placing on children and grandchildren. <font color=\"red\"><em>For a fleeting PR stunt Tory MPs are being told to boast about piling on mountains of economic harm for future generations by a leader who won\u2019t be in office to deal with the consequences\u2026<\/em><\/font><\/p><\/blockquote>\n<p>This is exactly the sort of virtue signalling that Justin Trudeau indulges in &#8230; I imagine he&#8217;s quite miffed that Theresa May got there first.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not much, apparently: Tory MPs have been told by CCHQ to share this graphic boasting about their new commitment to make the UK carbon-neutral by 2050. No other major country has committed to the pledge although Theresa May is planning a desperate attempt at the G20 to talk other leaders into it. The fact that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,65,84,28,53],"tags":[245,1542,458,1069,1238],"class_list":["post-49279","post","type-post","status-publish","format-standard","hentry","category-britain","category-environment","category-government","category-media","category-politics","tag-climatechange","tag-netzero","tag-parliament","tag-theresamay","tag-virtuesignalling"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-cOP","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/49279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=49279"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/49279\/revisions"}],"predecessor-version":[{"id":49281,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/49279\/revisions\/49281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=49279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=49279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=49279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}