Bill payers to fund £60bn Net Zero overhaul of National Grid
3 hours ago Guest Blogger
From NOT A LOT OF PEOPLE KNOW THAT
By Paul Homewood
This confirms what we learnt a few weeks ago:
Bill payers are to fund a £30bn overhaul of the electricity network as the National Grid “rewires the nation” to hit net zero.
National Grid unveiled the investment as it prepares to build thousands of miles of new cables by 2030, to carry electricity from wind farms in Scotland or offshore to power-hungry cities mainly in England.
This overhaul will eventually cut greenhouse gas emissions – but will lead to thousands more pylons being built across Britain and extra charges on customers’ bills.
The announcement, planned for weeks, comes as net zero is expected to play a major role in the forthcoming general election campaign. Labour is seeking to decarbonise by 2030, but Rishi Sunak, the Prime Minister, has argued that this is too fast.
https://wattsupwiththat.com/2024/05/25/bill-payers-to-fund-60bn-net-zero-overhaul-of-national-grid/
