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Has the Bank of England’s net zero obsession fuelled inflation?

1 July 2023

7:00 PM

1 July 2023

7:00 PM

The Bank of England was made independent to take monetary policy away from flighty politicians who are slaves to expediency and fashionable sound bites. Instead, central bankers imbued with objectivity, prudence and, most of all, economic expertise would be in charge. But when it comes to climate change and net zero, the Bank has shown that poor judgment is certainly not exclusive to elected officials.

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