The Climate Change Committee (CCC) – the quango with the job of advising Parliament on Britain’s legally binding ‘carbon budgets' – has claimed that the cost of Net Zero will be less than "the cost of a single fossil fuel price spike of 2022 magnitude".
Its motive is clear – we must endorse Net Zero because it will remove our exposure to future energy crises.
The claim is based on the absurd assumption that Net Zero will only cost £4 billion a year on average by 2050, which is patently hogwash and was exposed to be a sham when it was originally made in last year’s Seventh Carbon Budget.
The Ukraine energy crisis was certainly bad, probably the worst since the 1973 Arab-Israeli war. But it won’t happen again, simply because Europe no longer relies on Russia’s gas pipelines. It was, of course, an entirely predictable crisis, as Trump warned in his first term.
But there is a saying: 'Don’t fight the last war.' We should not be setting long term energy strategies based on something that happened in the past.
Nevertheless, is the CCC telling the whole story?
According to the Office for Budget Responsibility, the cost of Government energy support measures to households and businesses was £53 billion from 2022 to 2024. This is after offsetting revenue from energy windfall taxes.
These support measures did not cover all the increase in energy prices at the time. But analysis of Government figures shows that the cost of buying natural gas during
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£90bn yo upgrade the electricity grid?
The cost of upgrading the local domestic mains is estimated at £200bn.
The CCC clearly misses the point that a “spike” goes up and then comes down again. The same cannot be said for Net Zero expenditure.
Imagine every time you leave the house you must buy 3 pairs of shoes and four raincoats. You already have plenty of shoes and raincoats, but the ideology that has been enshrined in law forces you to buy shoes and coats each time you go outside anyway. ——This is the kind of absurdity we have with Net Zero, where everything people do must first take account of CO2 emissions no matter the cost and no matter the benefit, which is actually mostly COST with little BENEFIT.
This alignment with the UN Political Agenda all based on false assumptions and junk science is causing the destruction of economies and millions of citizens forced pointlessly into energy poverty. The excuse is climate change allegedly caused by CO2 . But there is not a shred of evidence that CO2 is causing or will cause dangerous changes to climate. It is all POLITICS, not SCIENCE, and only when people understand what those politics are will they realise how they are being played.
Aside from the astronomical cost, it is an engineering possibility to get even the electricity system to net zero.
THEN one has to consider that electricity usage makes up less than 20% of the country’s energy consumption!!
You mean an impossibility.
Pedantry satisfied 🧐
Gosh darn it! Too late to edit!
It would be useful at times like this to remind readers of the elements of energy prices to consumers. Gas, petrol and electricity. How much is taxes and levies, how much is crude and how much is processing and transport.
Indeed. Tax accounts for about 55% of petrol price in the UK if price is £1.40 a litre.
A great summary of the essential facts exposing the blatant Net Zero lies being spun by the CCC and our politicians to the people of this country. It’s about time we had some prosecutions for gross malfeasance and dereliction in public office.