Net Zero To Cost £50 Billion a Year
MARCH 5, 2022
By Paul Homewood
Families face paying hundreds of pounds more a year for energy if the cost of responding to climate change is put on them, ministers have been warned.
The Government wants to reach net zero emissions by 2050 – but achieving the target will require investment of £50billion a year by 2030, according to official estimates.
Energy economist Professor Nick Butler criticised ministers for failing to set out how this will be paid, and warned it could cost households £400 a year each.
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