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Philip Harris's avatar

It is not just carbon emissions? As I understand it, globally the rate of new build is going to peak and then decline perhaps sooner than we think, and the share of industry devoted to maintenance or replacement likely to increase very steeply. The economic role of existing legacy structures is perhaps already underappreciated locally in UK; everything from the downsides of uninsulated UK housing to happily (?) getting away without much renewal of Victorian sewers? Our largest machine, the UK power grid, seems already under strain. And will we get or need more office buildings for example?

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H Williams's avatar

Brilliant and informative, as ever. But it does rather make me think: 'oh no, not another area in which all the brilliantly simplistic 'solutions' aren't solutions at all!'

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