Saturday, May 24, 2025

Green Pay

Green has been expensive in the UK:
The UK public has been “seduced by narratives that renewables are cheap,” however, according to a study conducted by Watt-Logic’s Kathryn Porter presented by Lord Offord, the Shadow Energy Minister in the House of Lords, has found that the opposite is true, with the green agenda not only siphoning off taxpayer cash subsidies but also driving up energy costs for consumers. “That renewables are not cheap should be clear, based both on the evidence that after 35 years of subsidies, we are yet to see any benefits through lower bills,” the report found. According to Porter’s calculations, if the British government had not embarked upon its so-called green energy transition programme, British households would have saved £218 billion since 2006. The report found that the direct cost of net zero policies in 2023-24 accounted for £17 billion in additional costs on consumer energy bills, and it predicted that this would continue to rise to more than £20 billion in 2029-30. Porter acknowledged that gas prices were impacted by the Ukraine War and broader Western conflict with Russia, however, she noted that this would not explain why energy prices have steadily risen for the two decades prior to the 2021-23 gas crisis in Europe.
It's a complete mystery...

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