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The need for a Net Zero Principles Framework to support public policy at local, regional and national levels

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  • Karen Turner
  • Antonios Katris
  • Julia Race

Abstract

Many nations have committed to midcentury net zero carbon emissions targets in line with the 2015 Paris Agreement. These require systemic transition in how people live and do business in different local areas and regions within nations. Indeed, in recognition of the climate challenge, many regional and city authorities have set their own net zero targets. What is missing is a grounded principles framework to support what will inevitably be a range of broader public policy actions, which must in turn consider pathways that are not only technically, but economically, socially and politically feasible. Here, we attempt to stimulate discussion on this issue. We do so by making an initial proposition around a set of generic questions that should challenge any decarbonisation action, using the example of carbon capture and storage to illustrate the importance and complexity of ensuring feasibility of actions in a political economy arena. We argue that this gives rise to five fundamental ‘Net Zero Principles’ around understanding of who really pays and gains, identifying pathways that deliver growing and equitable prosperity, some of which can deliver near-term economic returns, while avoiding outcomes that simply involve ‘off-shoring’ of emissions, jobs and gross domestic product.

Suggested Citation

  • Karen Turner & Antonios Katris & Julia Race, 2020. "The need for a Net Zero Principles Framework to support public policy at local, regional and national levels," Local Economy, London South Bank University, vol. 35(7), pages 627-634, November.
  • Handle: RePEc:sae:loceco:v:35:y:2020:i:7:p:627-634
    DOI: 10.1177/0269094220984742
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    Cited by:

    1. Katris, Antonios & Turner, Karen, 2021. "Can different approaches to funding household energy efficiency deliver on economic and social policy objectives? ECO and alternatives in the UK," Energy Policy, Elsevier, vol. 155(C).
    2. Debnath, R. & Bardhan, R. & Mohaddes, K. & Shah, D. U. & Ramage, M. H. & Alvarez, R. M., 2022. "People-centric Emission Reduction in Buildings: A Data-driven and Network Topology-based Investigation," Cambridge Working Papers in Economics 2202, Faculty of Economics, University of Cambridge.

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