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A green wealth fund could transform the UK’s climate ambitions

We should ring-fence the revenue from renewable power to invest in environmental technology for the future

By Ed Davey  

Photo: John Morrison / Alamy Stock Photo

Progress on renewable energy played a big part in the UN’s successful Paris Climate Treaty—a part rarely acknowledged. 

Of course, there are many parents to that huge global leap forward in 2015, but solar and wind power should take a bow—especially the dramatic cost reductions witnessed in the previous decade. Without that shift in the energy economics of climate action, I’m not sure Paris would have been agreed.

And as we look towards this year’s summit in Glasgow, we need to remember that if politics is the art of the possible, UN climate negotiations are, in practice,…

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