It has been said that the road to net zero carbon emissions runs through the homes of the poor. This statement is echoed in UK Prime Minister Rishi Sunak’s decision this week to water down net zero commitments, a political manoeuvre, no doubt in response to growing concerns over the costs of the energy transition.
Over time, the costs of the subsidies supporting renewables have slowly risen, peaking at over £10 billion per year, and likely to remain at around £8 billion per year over the next few years. That works out at over £300 per household per year and it is added to utility bills not to tax bills. This does not include the additional costs of all the new network infrastructure and backup generation needed to integrate those renewables onto the grid. https://www.telegraph.co.uk/…/green-energy-nobody-asked/
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