Your net share is a lot less than 16 grand. That 1T is money that would be collected and spent in country, creating tens of thousands of jobs with its accompanying spinoffs. And since the economy is a giant circle, much of that 16 grand would indirectly come back to you.

Well, my "net share" in that sense is zero.

'Cos if we don't do it we're dead. Infinite opportunity cost.

I've posted about this before, but thinking in terms of pictures of the queen's face here is really rather daft.

Broken window fallacy - whatever is spent on this won't be spent on something else.

Circa £1k per person per year for 15 years. For that you take a global lead in mitigating climate change, you gain energy independence from Russia and the Middle East, a huge reduction in air and other pollution, and potentially become a world leader in renewable energy technology. Seems like an absolute bargain. Please tax me now.

Hmm, looks like I misunderstood the figure - https://agileenergy.net/uk-net-zero-transition-to-cost-1-tri...

So > £1 trillion by 2050, not sure if that includes assumptions about cost reductions in renewables by then though so I'd assume compressing the timescale increases the estimate.

Either way it needs doing and it would seem that 2050 is going to be too late.

I doubt we could afford to "just do it". It's not a biscuit, because as far as I can tell, most people in the UK don't have 16 grand to spare.

Recirculation, and doing it over a number of years, change the figure into something tractable of course.

But that just makes it an economics question - does the UK have £1Tn available, and over how long. I'm thinking probably no today, and yes between now and 2050 if they aren't stupid with the economy.