{"id":258701,"date":"2023-05-23T12:14:22","date_gmt":"2023-05-23T10:14:22","guid":{"rendered":"https:\/\/climatescience.press\/?p=258701"},"modified":"2023-05-23T12:14:24","modified_gmt":"2023-05-23T10:14:24","slug":"europe-can-achieve-net-zero-by-demolishing-historic-buildings-and-starting-again-central-bank-claims","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=258701","title":{"rendered":"Europe can achieve Net Zero by demolishing historic buildings and starting again, Central Bank\u00a0claims"},"content":{"rendered":"\n
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From NOT A LOT OF PEOPLE KNOW THAT<\/a><\/p>\n\n\n\n

By Paul Homewood<\/p>\n\n\n\n

h\/t Ian Magness<\/p>\n\n\n\n

So that\u2019s alright then!<\/strong><\/p>\n\n\n\n

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A top central banker has warned of the economic damage that the rush to \u2018Net-Zero\u2019 could cause, and illustrates the point by stating that deleting Europe\u2019s architectural history would be required to achieve severe green expectations.<\/em><\/p>\n\n\n\n

Among the comments made by Paolo Angelini, deputy governor of the Bank of Italy, about European Net Zero ambitions that, in his opinion, risk inflicting more harm than good, the central banker outlined the level of change that Europeans would need to satisfy those demands.<\/em><\/p>\n\n\n\n

While saying pushing Europe to net zero risks destabilising the continent\u2019s economy and undermining Europe\u2019s ability to lead on green issues globally, the top economist made his point by revealing he\u2019d asked his team at the Bank of Italy what would be necessary just to make the single institution that he leads compliant.<\/em><\/p>\n\n\n\n

Angelini revealed the shocking response, remarking in an interview with Politico: \u201cThey told me: \u2018If you allow us to tear down all our historical buildings and build energy efficient ones, then we can do it\u2019.\u201d<\/em><\/p>\n\n\n\n

The Bank of Italy wouldn\u2019t be committing itself to net zero any time soon, said Angelini. This was not because he didn\u2019t believe in the cause, but simply because with the technology presently available, he didn\u2019t think it was physically possible.<\/em><\/p>\n\n\n\n

He said: \u201cFor the time being I am refraining from raising my hand and saying at the Bank of Italy we\u2019re going to net zero, because I don\u2019t have the technology, the ability to be certain about the pledge.\u201d<\/em><\/p>\n\n\n\n

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Reflecting on the central banker\u2019s remarks \u2014 which may possibly have been tongue-in-cheek \u2014 Politico itself mused: \u201cit\u2019s a potent symbol of the trade-offs that the green transition demands: how much of Europe\u2019s present \u2014 and past \u2014 is it willing to risk to secure its future?\u201d.<\/em><\/p>\n\n\n\n

The Bank of Italy itself is headquartered in the Palazzo Koch in Italy, an impressively grand 19th-century palace named for its architect which features a money museum and significant interiors and staterooms.<\/em><\/p>\n\n\n\n

While survey after study demonstrates that the general public appreciates classic design, the issue is politicised to some extent. U.S. President Donald Trump issued an executive order requiring ancient architectural styles (Roman or Greek revival) for Federal structures, which President Biden reversed.<\/em><\/p>\n\n\n\n

In the United Kingdom, a hard-left London mayor\u2019s advisor stated traditional architecture is \u201coffensive\u201d because it \u201charkens back to oppression.\u201d<\/em><\/p>\n\n\n\n

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Europe can achieve Net Zero by demolishing historic buildings and starting again, Central Bank claims<\/a><\/blockquote>