Ed Miliband’s £125bn Net Zero drive will see 30% energy bill surge, researchers say

Green levies, taxes and subsidies add 30 per cent to our energy bills, researchers say, as it emerged the race to net zero will cost more than £125billion this decade. The Climate Change Committee, which advises the government, revealed that the cost of the green transition would rise from £15b in 2025 to more than £30b by 2029. This would lead to spending of more than £125billion this decade, and it will be 2040 before we started to see savings, the CCC report revealed. Part of the transition

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Ed Miliband’s £125bn Net Zero drive will see 30% energy bill surge, researchers say

Green levies, taxes and subsidies add 30 per cent to our energy bills, researchers say, as it emerged the race to net zero will cost more than £125billion this decade. The Climate Change Committee, which advises the government, revealed that the cost of the green transition would rise from £15b in 2025 to more than £30b by 2029. This would lead to spending of more than £125billion this decade, and it will be 2040 before we started to see savings, the CCC report revealed. Part of the transition

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