Net zero will mean higher bills, admit Miliband’s officials
Story by Matt Oliver • 19h
Britain’s push towards net zero will temporarily push energy bills higher, Ed Miliband’s officials have admitted in an apparent contradiction of the Energy Secretary’s own claims.
The cost of rolling out wind farms, solar farms and other renewable power schemes will inflate prices in the “short to medium term”, making British businesses less competitive internationally, an obscure page on the Government’s website states.
It has emerged as Mr Miliband faces scrutiny over how he will meet Labour’s pledge to bring down bills for millions of consumers, amid predictions that households face a surge in bills this spring.
Cornwall Insight, an energy consultancy, on Tuesday forecast that the energy price cap was on course to rise by £85 in April, taking a typical household’s bill to the equivalent of £1,823 per year.
https://www.msn.com/en-gb/money/other/net-zero-will-mean-higher-bills-admit-miliband-s-officials/ar-AA1ziTHz
