Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 26/08/2026Episode 2 of ⚡️SHOCKWAVE⚡️is OUT NOW. Join us to explore the 1956 Suez crisis and what it tells us about our ongoing dependence on international fossil fuel markets and the fervent debate about the future of North Sea oil and gas. Available wherever you get your podcasts 🎧 202
Alex Chapman @alchap.bsky.social · 26/08/2026...the difference vs 2023 is that standing charges are doing more of the damage. Now looking at prices relative to incomes, gas is doing the damage. Not quite at peak levels but heading there. IMO gvt still needs to act ahead of Jan and guarantee all households an allocation of affordable energy. 021
Alex Chapman @alchap.bsky.social · 26/08/2026Quick analysis of today's energy announcements. New cap is bad, but Cornwall's forecast of Q1 2027 cap (up 9%) even worse. Our analysis suggests, if not for recent gvt. policy changes, electricity prices would be set to exceed their peak crisis level (under the Energy Price Guarantee)... /1 101
Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 07/07/2026This summer's intense sunshine could be powering our homes. But most households can't afford to install their own solar panels. The Solar Saver scheme would change this. From @neweconomics.bsky.social and @thefinancelab.bsky.social 1/5 11812
Alex Chapman @alchap.bsky.social · 04/07/2026You're referring to 25-26. The 26-27 forecast was £2.5bn so the uplift is £3.1bn not £1.5bn. 000
Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 26/05/2026Our newest analysis shows how our travel habits are shifting - with the UK’s traditional seaside, countryside and small-town destinations losing out to the rise of short city breaks and holidays abroad. 151
Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 09/04/2026Doubling down on fossil fuels won't save us from rising energy bills - but it would be terrible for our climate. Alex Chapman on BBC Five Live this afternoon. 0185
Alex Chapman @alchap.bsky.social · 13/03/2026Yes I can't possibly understand why they aren't being murdered in the polls for suggesting raising our spend/GDP ratio up to.... The EU average. 061
Alex Chapman @alchap.bsky.social · 13/11/2025Full report here: neweconomics.org/2025/11/the-...neweconomics.orgThe economics of air transport in EuropePart one: Air transport and growth 030
Alex Chapman @alchap.bsky.social · 13/11/2025💥 A big caveat. Our economic model does NOT include the climate driven economic impacts - that will be considered in Part Two - so all outcomes are actually worse than stated. Our model does NOT include equity of impacts - that will be considered in Part Three - and who benefits really matters. /13 100
Alex Chapman @alchap.bsky.social · 13/11/2025🛫 In Cluster 4: Capitals and already well-connected regions. There are signs of saturation in both directions. People here don't need more connectivity. Chances of finding a causal relationship driving economic growth: 29% /12 100
Alex Chapman @alchap.bsky.social · 13/11/2025🛫 In Cluster 3: Tourism sending regions of northern and western Europe. Business air demand is way down. Most regions have a travel spending deficit. Chances of finding a causal relationship driving economic growth: 23% /11 100
Alex Chapman @alchap.bsky.social · 13/11/2025🛫 In Cluster 2: Mainly tourism recipients. Business air demand is down. Air transport remains important to bring tourism, but the quality of that tourism matters. Chances of finding a causal relationship driving economic growth: 59% /10 100
Alex Chapman @alchap.bsky.social · 13/11/2025🛫 In Cluster 1: Mainly eastern Europe. Business air demand is still rising. Incoming tourism is lower, and so are incomes and pre-existing connectivity. Chances of finding a causal relationship driving economic growth: 53% /9 100
Alex Chapman @alchap.bsky.social · 13/11/2025To help characterise the air transport-economy relationship across European regions, we applied a statistical clustering approach to create four distinct groupings (map below): /8 100
Alex Chapman @alchap.bsky.social · 13/11/2025⭕ But even in tourist receiving areas, the relationship isn't as strong as it used to be. Declining duration of tourist stay and the rise of informal accommodation, overtourism and land/rent rises, have reduced the value it brings./7 100
Alex Chapman @alchap.bsky.social · 13/11/2025⭕ Why? A major factor is the decline in business use of air travel. It's accelerated since the pandemic, but was already stagnant in most of western Europe prior to that (Figure below). /6 101
Alex Chapman @alchap.bsky.social · 13/11/2025⭕ but... that causal relationship, relied upon to promote airport expansion and resist aviation taxation, is hardly present in northern and western Europe./5 110
Alex Chapman @alchap.bsky.social · 13/11/2025⭕ In a minority (37%) air connectivity growth drives economic growth. These regions are mainly found in Eastern Europe and tourist *receiving* areas. This is the impact policymakers want, and the industry lays claim to./4 100
Alex Chapman @alchap.bsky.social · 13/11/2025⭕ In the majority of European regions (53%) economic growth drives air transport demand. Higher incomes create demand for outbound leisure travel. This may create a welfare benefit to flyers, but not a wider economic benefit. /3 111
Alex Chapman @alchap.bsky.social · 13/11/2025⭕ Yes, air connectivity and GDP per capita are correlated. But causation, direction and location are too often ignored (and in 11% of regions they are negatively correlated!). /2 110
Alex Chapman @alchap.bsky.social · 13/11/2025🔔 New study🔔 What is the relationship between air transport and economic growth in Europe? Dr Felix Pot and I break it down like never before in our new report for @neweconomics.bsky.social and T&E: /1 155
Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 23/09/2025Check out our senior economist @alchap.bsky.social on the Energy Revolution podcast talking airports, economic growth and the climate crisis. Full episode available here: linktr.ee/energyrevolu...linktr.eeenergyrevolution - Listen on Spotify - LinktreeView energyrevolution’s Linktree to discover and stream music from top platforms like Spotify here. Your next favorite track is just a click away! 042
Alex Chapman @alchap.bsky.social · 10/08/2025Now, in the eyes of this gvt, he is a supporter of a terrorist group. The proscription of PA is clearly stupid and must be repealed. Even more urgently the gvt must stop gaslighting us and actually respond in a manner proportionate to the genocide Israel is perpetrating against Palestinians. 030
Alex Chapman @alchap.bsky.social · 10/08/2025My dad was arrested in London yesterday for holding a placard saying "I oppose genocide, I support Palestine Action". He's a retired university lecturer who is involved in his local church. Prior to yesterday's demonstration his only legal infraction was a speeding ticket for doing 36 in a 30 zone. 230
Alex Chapman @alchap.bsky.social · 16/07/2025Below is a fresh cut of my favourite graph. Air trips per £million real GDP, with linear trend lines. The world has changed, but will the government catch up in time? /ends 020
Alex Chapman @alchap.bsky.social · 16/07/2025If this question can be asked without any reference to the climate issue, then when we fold in the astronomical level of emissions (enough to wipe out the entire benefit of the Clean Power Plan in 5 years) then it should be an open and shut case. /3 120
Alex Chapman @alchap.bsky.social · 16/07/2025"growth is from the likes of flights to the Greek islands and the Caribbean — up 77 per cent since 2019." "if Heathrow’s growth is mainly direct leisure flights, how does it make sense to spend tens of billions on a third runway" /2 100
Alex Chapman @alchap.bsky.social · 16/07/2025The right questions getting asked. This week in the Times, Alistair Osborne punctures the myth that a third runway at Heathrow is "crucial for business". Why? Because of the CEO's admission that the "decline in business travel appears to be permanent.../1 www.thetimes.com/business-mon...thetimes.comHeathrow’s investment plan punctures the third runway mythThe airport has admitted the decline in business travel is permanent, and wants to spend £10bn raising passenger numbers by only ten million 164
Alex Chapman @alchap.bsky.social · 03/07/2025Yup, Lauren would have won easily. Curtis only showed up on the scene shortly before selection process kicked off many of us had no idea who he was. Lauren had massive support from all wings of the local party, not just 'the left'. 230
Alex Chapman @alchap.bsky.social · 20/06/2025This just in. Kemi thinks the actions of Palestine Action at Brize Norton might have stopped a war crime... Not sure she fully thought this one through 😂 010
Reposted by Alex ChapmanChaitanya Kumar @chaitanyakumar.bsky.social · 18/06/2025You've heard of frequent flyers, but we've got some new research for you on the idea of ultra- frequent flyers. Exciting work from my colleague @alchap.bsky.social where he makes a compelling case as to why this new class of flyers is not paying it's fair share of tax and how we can fix it. 👇👇 01711
Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 01/05/2025There's broad public support for net zero by 2050 & people are concerned about the impact of the climate crisis. So let's deliver net zero policies that benefit ordinary people rather than calling it into question. @alchap.bsky.social spoke to LBC News in light of Tony Blair's comments. 0166
Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 03/04/2025🚨The government has given Luton airport approval to expand. This is despite the fact that it will do very little to boost economic growth and will be devastating for our climate goals. @alchap.bsky.social responds. 31816
Reposted by Alex ChapmanEachann @gillies.bsky.social · 02/04/2025somewhat tongue in cheek here but I saw this and was reminded immediately of @alchap.bsky.social talking about the negative impacts of air travel expansion 131
Reposted by Alex ChapmanTom Pollard @pollardtom.bsky.social · 15/03/2025Hi @davidtwilcock.bsky.social. I just wanted to flag that your Mail Online piece from Thursday is hugely misleading & seems to be based off a fundamental misunderstanding of the statistics I'll explain why, then maybe you can retract the piece & issue an apology... 🧵1/6 510145
Alex Chapman @alchap.bsky.social · 14/03/2025Recommended reading on the smoke and mirrors government is using to build out a justification for austerity 010
Alex Chapman @alchap.bsky.social · 10/03/2025I wrote a thing about what really went down in the Gatwick airport expansion decision. Refusal recommended, but it might go ahead? Economic growth? Techie post, you were warned. www.linkedin.com/pulse/what-r...linkedin.comWhat really happened at Gatwick?Gatwick Airport is getting a second runway. Or wait, is it? Prior to the government's announcement I spent a morning doing a pre-recorded interview for BBC news on the Gatwick Airport expansion. 012
Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 27/02/2025All the reasons why the Gatwick airport expansion is a mistake, in under 1 minute - from @alchap.bsky.social on @lbc.co.uk with @shelaghfogarty.bsky.social 195
Alex Chapman @alchap.bsky.social · 19/02/2025Had a great chat with @adamtranter.bsky.social and @lauralaker.bsky.social on the Streets Ahead podcast. All things transport, economics, growth, and yes, sorry, the 'Green Book'! Have a listen here: shows.acast.com/streets-ahea...shows.acast.comGrowth, but at what cost? | Streets Ahead 2155
Reposted by Alex ChapmanStephen Frost @sfrost.bsky.social · 18/02/2025Great to hear @alchap.bsky.social (surely one of the busiest ppl in transport at the moment?) on @podstreetsahead.bsky.social talking all things economics & transport. Agree with him that the Green Book doesn’t sit behind decisions like Heathrow - it is all politics. Highly recommend a listen.shows.acast.comGrowth, but at what cost? | Streets Ahead 091
Reposted by Alex ChapmanJim Pickard @pickardje.bsky.social · 12/02/2025statistic of the day: approving the expansion of Heathrow, Luton and Gatwick airports would wipe out ALL the benefits of the government’s 2030 "clean power" target within five years of expanded operation, according to analysis by the New Economics Foundation (NEF) neweconomics.org/2025/01/airp....neweconomics.orgAirport expansion would wipe out carbon savings of government’s clean power planClaimed growth benefits of expansion don’t stack up and will create major climate damage 1214491
Reposted by Alex ChapmanNew Economics Foundation @neweconomics.bsky.social · 03/02/2025👀The research Rachel Reeves used to evidence the benefits of Heathrow expansion was commissioned by Heathrow itself. @alchap.bsky.social spoke to the @theguardian.com about why, with our climate goals at stake, this is such a big problem www.theguardian.com/environment/... 23316
Alex Chapman @alchap.bsky.social · 02/02/2025NEF analysis identified a range of weaknesses in the economic case, since it was last fully appraised in 2015. Not least, the decline of business air travel, the surge in outbound leisure travel and the negative impacts on wider regions of the UK – all of which erode the potential growth benefit. 050
Alex Chapman @alchap.bsky.social · 02/02/2025Heathrow expansion represents a major threat to the UK’s climate goals and flies in the face of scientific advice. To ensure that the claimed economic benefits are concrete, assessments should be carried out by independent government economists following best-practice methodology. 160
Alex Chapman @alchap.bsky.social · 02/02/20255. ...and that method just *happens* to result in costs about 80% lower than had they followed *the government's actual recommended approach* 6. Nor is it a good look for the *full* report to still not be in the public domain days after its numbers were shared with the nation by the Chancellor. 120
Alex Chapman @alchap.bsky.social · 02/02/20253. Nor does the study come across very "independent" when it uses forecast data "provided by Heathrow". 4. Nor does it look very "unbiased" when that consultancy uses a completely made-up method to calculate the scheme's biggest costs/downsides... 120
Alex Chapman @alchap.bsky.social · 02/02/20251. No, the Chancellor should not be basing a decision as climate-critical as this on a study commissioned by the airport themselves. 2. Yes, it gets worse when that very study applies a methodology that the government itself (the DfT) literally decided was not fit for decision making. 120
Alex Chapman @alchap.bsky.social · 02/02/2025I spoke to the Observer about the shoddy economics sitting behind Reeves' Heathrow announcement... and the article only covers the half of it... thread www.theguardian.com/environment/...theguardian.comReeves’s Heathrow third runway report was commissioned by London airportThe chancellor is under fire after a study cited as evidence for expanding the terminal to boost the UK’s economic growth was ordered by Heathrow itself 21510