A new analysis by Net Zero Watch reveals that Net Zero policies are already costing every household over £2,000 ($2,400) per year.
Spending programs and the Emissions Trading Scheme together cost around £300 ($360), while green levies – mostly subsidies to renewables – are adding another £350 ($420). [bold, links added]
Renewable energy also imposes a range of indirect costs as businesses pass on their costs to consumers, which may add up to another £600 ($719).
Finally, there is a significant cost due to the constraints put on fossil fuel extraction in the UK.
Together, these figures add up to more than £2,000 ($2,400) per household, a figure that will rise sharply as Net Zero plans move to more problematic sectors of the economy.
Andrew Montford, Net Zero Watch’s deputy director, warns:
“The government seems to have no grasp of the devastating energy crisis that is about to break. The personal finance expert Martin Lewis has warned of a cataclysmic energy emergency this autumn, but ministers are still pretending that the answer is to just go faster down the same road that has brought us to the brink of disaster. This is insane.”
Net Zero Watch director Dr. Benny Peiser said:
“Boris Johnson’s green dogmatism has shackled the government in a trap of their own making. This winter, the new Prime Minister will be faced with the worst energy cost crisis since WWII. Unless the new PM makes swift and radical policy changes, ministers will be presiding over the biggest social and economic disaster in living memory – and will rightly be blamed for it.”
What is Net Zero costing now? (pdf)
Statements have been made that around October, the UK Price caps will be revised to probably another £1000 on top of hose already active, making the average bill for energy about £3000 a year, at least. Very many will be unable to pay this. a winter of eat or freeze. Interesting that the beginning of the Green ideology began in Nazi Germany (German Workers National Socialist Party, Nazis) Plans for huge wind turbines, solar panels, hydrogen generation, vegetarianism, Hitler Youth, schoolgirls with plaited hair, (like Greta) etc. See detailed exploration in Rupert Darwell’s vastly researched book “GreenTyranny”.
Its all based upon Junk Science and Politics and if there was no money in it we would,nt be hearing a thing about Global Warming/Climate Change