Author Topic: Environmental Levy Update  (Read 130 times)

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Online rangerrebew

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Environmental Levy Update
« on: November 25, 2022, 02:06:32 pm »
Environmental Levy Update
NOVEMBER 25, 2022
tags: env levies, net zero
By Paul Homewood



https://obr.uk/efo/economic-and-fiscal-outlook-november-2022/

Following the Autumn Statement, the OBR have released their Fiscal Tables, including Environmental Levies.

As we can see, the cost of subsidising renewable energy is still going to be considerable, even although Contracts for Difference are expected to reduce energy bills, with market prices for electricity higher than the CfD guarantee.

Over the six year period 2022/23 to 2027/28, the total cost of levies, FiTs and RHI will amount to £56 billion.

https://notalotofpeopleknowthat.wordpress.com/2022/11/25/environmental-levy-update/
The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbor to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg.
Thomas Jefferson