Yesterday was an important day. A possible, even probable vaccine for Covid 19 delivered in an astonishingly fast time, and a vindication of the many positive aspects of private enterprise, and the power of science.
It also had its shadow side. The stocks that rocketed up in value were mostly those carbon hungry businesses - airlines, travel firms - whose activities we need to wean ourselves off if we are to stand any chance of mitigating their impact. The market rection looked uncomfortably like an addict relapsing.
We are seeing, and will no doubt continue to see the lag effects of the disruption we have experienced. A spike in unemployment and the disappearance of fragile businesses (some viable starts ups, but many who would disappear anyway and for whom government support has provided life suuport, but no cure). It's painful and disruptive.
At the same time, we have a chance to create different jobs in new sectors that stand a chance of growth, and in doing that, we have a chance to…
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