Aletho News

ΑΛΗΘΩΣ

Net-Zero Will Cripple British Households As Costs Get Slipped Into Energy Bills

BY DR. BENNY PEISER | CLIMATE CHANGE DISPATCH | JULY 29, 2021

In recent weeks, ministers and officials have announced that UK households and businesses will have to fund many of the government’s Net-Zero plans via their energy bills and cost of living.

Currently, UK consumers are funding renewable energy investors to the tune of £12 billion per year, taken from consumer bills as stealth taxes.

These subsidies are projected to grow over the coming years, reaching a total of about £13 billion a year in the mid-2020s.

But on top of this huge and rising cost, the government now plans to add a whole catalog of additional Net-Zero subsidies, as the recent news reports below reveal.

  • The government plans to force consumers to subsidize the installation of charging stations for electric vehicles (EV) by raising electricity bills.
  • Ministers are in the process of drawing up legislation that will force households to fund the construction of new nuclear power plants through the use of a surcharge on energy bills.
  • Households face paying an extra £200 per year to fund greenhouse gas removal technology.
  • The wind energy lobby has warned that consumers will have to subsidize offshore wind farms indefinitely, refuting the oft-repeated claim that renewables are close to becoming “subsidy-free”, and confirming analysis showing that wind power costs have not fallen.
  • Energy bills face an additional rise in cost as the power grid operator is increasingly forced to pay wind farms to switch off turbines. ‘System balancing’ costs alone were £2 billion last year and could hit £2.5 billion per year over the next decade as renewable capacity continues to grow.

Industrial and commercial consumers with the option of relocating to countries with cheaper energy will obviously do so.

Households, on the other hand, will simply have to cut down on food and other expenditures in order to pay their energy bills and cut their standard of living.

The GWPF’s director Benny Peiser said:

“It is fairly certain that most households would be unable to keep their heads above water as this torrent of additional Net-Zero costs overwhelms their domestic budgets.”

“Neither Boris Johnson nor his government would survive this unwise and unjust imposition on the British people.”

August 4, 2021 - Posted by | Malthusian Ideology, Phony Scarcity | ,

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.