Net Zero Policy Already Costing UK Households Over £2,000 A Year

Posted: July 23, 2022 by oldbrew in Critique, Energy, government, net zero, Subsidies
Tags: , ,

Offshore wind farm [image credit: Wikipedia]


UK governments are legally forced to follow the Climate Change Act and even then they’re coming up short, according to a High Court verdict this week. How long can this climate-induced madness go on?
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A new analysis by Net Zero Watch reveals that Net Zero policies are already costing every household over £2,000 ($2,400) per year, says Climate Change Dispatch.

Spending programs and the Emissions Trading Scheme together cost around £300 ($360), while green levies – mostly subsidies to renewables – are adding another £350 ($420).

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.”

Full article plus links here.

Comments
  1. […] Net Zero Policy Already Costing UK Households Over £2,000 A Year […]

  2. Saighdear says:

    ‘ UK governments are legally forced to follow the Climate Change Act’ – so “they” say, but WHo concocted tha tLaw? If as Liz T says about scrapping EU legislation, then why not also this one ?
    Otherwise we should subscribe to “Don’t Pay UK” – after all, we didn’t all subscribe to Vaccs etc. and by the way, It is Jackets and heating back on again in N UK: damp and cold with it in the WIND but https://gridwatch.co.uk shows WindNills not operating at their maximun output ….. and I haven’t seen the Heron for a while, crikey even the Sea eagle has gone AWOL.

  3. oldbrew says:

    The Climate Change Act was passed by the UK parliament in 2008, with only 5 votes against.

    https://en.wikipedia.org/wiki/Climate_Change_Act_2008

  4. oldbrew says:

    Net Zero is a doomed policy…

    Carbon Emissions On Track To Reach An All-Time High
    Jul 23, 2022

    — As the world moved past Covid-19, global emissions increased by 5.6% between 2020-2021.
    — Emissions are on a trajectory to reach a new all-time high this year.
    — There is a huge disparity between carbon dioxide emissions of developed countries and those of developing countries.

    Around 60% of the world’s population lives in the Asia Pacific region. Per capita fossil fuel consumption is much lower than in the world’s developed countries, but billions of people slowly increasing consumption has been the driving factor behind rising carbon dioxide emissions for decades.

    https://oilprice.com/The-Environment/Global-Warming/Carbon-Emissions-On-Track-To-Reach-An-All-Time-High.html
    – – –
    Obviously the ‘huge disparity’ is because they’re *developing* and that’s how it’s done. Get real. Finger-wagging by *developed* countries won’t work.

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