‘It’s time for Nexit!” (Exit from Net Zero) ‘The headlong rush to net zero must stop before we are all ruined’

UK Telegraph: The headlong rush to net zero must stop before we are all ruined

Excerpt:

It is clear that one of the most pro-growth measures the Government could take would be to stop its rush towards net zero by 2050, and instead to reconsider its policy entirely. The supposed economic benefits are disintegrating in the face of reality, and the costs appear to be rising on a near-continuous basis.

Earlier this week electricity suppliers warned that green levies are set to increase household energy bills by £300 per year. Even if the wholesale price of electricity halves, this would still be a net rise of £150.

Now we learn that the supposed “clean energy jobs boom” promised by Energy Secretary Ed Miliband is to be achieved in large part by rebranding plumbers, electricians and welders as “clean energy workers”. Jürgen Maier, the boss of GB Energy, meanwhile, believes it could take 20 years to create the 1,000 jobs at its Scottish headquarters promised by Sir Keir Starmer.

Yet shifting the burden of costs does not address the core problem, just as shifting emissions from Britain to exporting nations does not address climate change: we appear to be creating a more expensive energy system in the pursuit of a cheaper one, and quite probably a less reliable one to boot. At some stage, the real world implications of this approach must surely be considered.

 

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