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Prof. Aseem Prakash on Forbes, "Climate Policy Lesson From Liz Truss’s Resignation: Beware Of Budget Deficits"

Submitted by Junhee Park on October 25, 2022 - 1:08pm

Prof. Aseem Prakash and colleague Prof. Nives Dolšak on Forbes site commenting on climate policy lesson from Liz Truss’s resignation.

British Prime Minister Liz Truss has resigned just 45 days after being sworn in. The proximate cause was the mini-budget outlined by her Chancellor of the Exchequer, Kwasi Kwarteng. Although his successor Jeremy Hunt rescinded parts of it, Truss could not recover politically and quit.

"Liz Truss’s resignation provides an important lesson for the climate movement: decarbonization should be accomplished without inflation and budgetary deficits"

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