Letwin Settles Up – Bins Carbon Reduction Global Agreement

Another nail in the husky coffin as Cabinet Office Minister Oliver Letwin concedes defeat to Nigel Lawson and accepts that the Kyoto Treaty is dead and nothing will be following it. Back in 2008 the two men made a bet, the details of which were published in a Standpoint interview:

Oliver Lewtin: I’d be very happy to have a wager, and I offer you a £100 bet that before either of us is dead, whichever is the first — our estates can pay — we will see a very substantial agreement on carbon reduction.

Nigel Lawson: But I don’t think I want the bet to be “in my lifetime” because I’d like to get the £100. I’m sorry it’s such a modest amount you’re prepared to wager — it shows how unconfident you are — but I would like to be able to collect before I die. So I think we should say “by the time Kyoto runs out”, because there is meant to be no hiatus; there is meant to be a successor to Kyoto. So “by 2012 we will have the agreement” — maybe I’ll die before then, of course —but 2012 is the acid test.

Oliver Letwin: On the same basis, Nigel, I’m perfectly willing to take that bet too. The reason I’m willing to take the bet is that I know that the only way it can be made to happen is if we try to make it happen and if we build up the moral authority to make it happen by taking the steps ourselves.

Letwin has apparently now agreed to settle the bet. Lord Lawson is on a bit of victory lap this afternoon:

“Oliver is one of the nicest people in politics, and one of the cleverest. It is, however, disconcerting that UK climate change policy – which makes no conceivable sense in the absence of a binding global agreement – has been based on the advice of someone so totally divorced from any understanding of practical realities.”

Well quite.




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Quote of the Day

David Cowling, the BBC’s head of political research, in an internal memo…

“It seems to me that the London bubble has to burst if there is to be any prospect of addressing the issues that have brought us to our current situation. There are many millions of people in the UK who do not enthuse about diversity and do not embrace metropolitan values yet do not consider themselves lesser human beings for all that. Until their values and opinions are acknowledged and respected, rather than ignored and despised, our present discord will persist. Because these discontents run very wide and very deep and the metropolitan political class, confronted by them, seems completely bewildered and at a loss about how to respond (“who are these ghastly people and where do they come from?” doesn’t really hack it). The 2016 EU referendum has witnessed the cashing in of some very bitter bankable grudges but I believe that, throughout this 2016 campaign, Europe has been the shadow not the substance.”

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