http://www.telegraph.co.uk/news/2016...g-us-darkness/
Thanks largely to Ed Milliband's Climate Change Act, and EU policies. The CCA committing us to reducing our carbon emissions by 80% by 2050.
That's very expensive gesture politics because the UK emissions are small in comparison to global, and using the best science might result in an unmeasurable temperature change. But at enormous cost. To achieve that target, the UK will need to get rid of fossil fuels in transportation, heating and cooking.
The government doesn't seem too concerned about the collosal cost because it's largely 'off balance sheet', so funded by levies on energy production and consumption, along with things like £15bn for 'smart meters' that don't do anything smart.. Other than making money for the companies involved in managing that project. Hello Capita.
But there's some good news. Trident replacement will cost less, and being nuclear, will be low carbon.
Quote:
“What should be making front page news is the story revealed by the latest figures from the Office for Budgetary Responsibility (OBR), predicting the soaring cost over the next six years of all the “environmental levies” imposed on us under the Climate Change Act. Between now and 2022, according to the OBR, these will amount to £65 billion, of which £36 billion will be subsidies we shall all be paying through the “renewables obligation”, mainly to the owners of our ever-growing number of windfarms.
These subsidies alone will represent a near-trebling of what we are already paying through our electricity bills, which by 2022 the OBR predicts will have risen to nearly £7 billion a year.”
“What should be making front page news is the story revealed by the latest figures from the Office for Budgetary Responsibility (OBR), predicting the soaring cost over the next six years of all the “environmental levies” imposed on us under the Climate Change Act. Between now and 2022, according to the OBR, these will amount to £65 billion, of which £36 billion will be subsidies we shall all be paying through the “renewables obligation”, mainly to the owners of our ever-growing number of windfarms.
These subsidies alone will represent a near-trebling of what we are already paying through our electricity bills, which by 2022 the OBR predicts will have risen to nearly £7 billion a year.”
Thanks largely to Ed Milliband's Climate Change Act, and EU policies. The CCA committing us to reducing our carbon emissions by 80% by 2050.
That's very expensive gesture politics because the UK emissions are small in comparison to global, and using the best science might result in an unmeasurable temperature change. But at enormous cost. To achieve that target, the UK will need to get rid of fossil fuels in transportation, heating and cooking.
The government doesn't seem too concerned about the collosal cost because it's largely 'off balance sheet', so funded by levies on energy production and consumption, along with things like £15bn for 'smart meters' that don't do anything smart.. Other than making money for the companies involved in managing that project. Hello Capita.
But there's some good news. Trident replacement will cost less, and being nuclear, will be low carbon.



