09.21.2022 - By Place North
Paul Unger is joined by Jeremy Hinds, planning director at Savills, and Tom Cheesewright to explore the reasons holding back real estate from taking the radical steps needed to challenge climate change.
Takeaways
There is a lack of a consensus framework in which to discuss the problems and how to address them
Without sufficient policy responses individuals will increasingly put forward radical ideas which prompt counter responses and only delay the forming of a consensus
Requirements to do something about climate change are very challenging – this puts people off
As timeframes to act become shorter, the responses needed become more radical
Short-term outlooks of voter-obsessed politicians obstruct the consensus and avoid difficult solutions
Climate policy should be outsourced and made independent and objective in same way as countries’ central banks often are