UK
The Economist turns on Net Zero
The Economist reports that Britain’s net zero push is driving energy bills sky-high - 90% above the EU average for industry. It finds that renewables require costly grid upgrades and offshore wind has stopped getting cheaper. With public support wobbling, Britain is becoming a warning, not a model, for the risks of top-down climate policy.
Wealthy households could pay more under Ofgem review
Ofgem is set to review how energy costs are shared, raising the prospect that wealthier households could pay more to shield poorer families from rising fixed charges tied to clean energy upgrades.
Cleverly backs scrapping Net Zero
The ex-Foreign Secretary says Net Zero is outdated post-Ukraine. He warns against “throwing heavy industry under a bus” or capping North Sea wells. For Cleverly, energy policy must protect Britain’s competitiveness and affordability. Separately, the Tories have called for a review on North Sea.
NESO: households face £12.7bn bill to switch off wind turbines
Households face a potential £12.7bn-a-year bill to switch off wind and solar when the grid can't cope, says NESO. Critics blame Ed Miliband’s net zero drive for soaring “constraint costs,” warning the cheapest option would be keeping gas in the mix.
Barclays quits Net Zero Banking Alliance
Barclays joins HSBC and Wall Street giants like JPMorgan and Goldman Sachs in exiting the climate finance group. It pledges to stick to its green goals but says NZBA no longer functions. Climate groups slam the move as a step backward.
Tice unveils UKORE: Reform’s grassroots campaign against Net Zero “eyesores”
Richard Tice has launched an “energy war” on Ed Miliband, slamming him as an “eco-zealot” and pledging to fight “eyesore” solar farms and pylons central to Labour’s net zero plan. Reform UK’s new campaign, UKORE, will target rural backlash starting in Lincolnshire.
International
Trump: UK must cut North Sea taxes
Trump slammed the UK’s 78% North Sea oil tax, urging Labour to “incentivise drillers fast” or miss out on a “vast fortune” and lower bills.
New Zealand ends oil and gas ban
New Zealand has reversed Jacinda Ardern’s oil and gas ban, calling it a costly mistake that worsened energy shortages. Minister Shane Jones blasted the policy as “moral hysteria” and vowed to revive investment.
Etcetera…
Maurice wrote for The Critic about the “green backlash” and the climate lobby’s loss of control over the debate.
Andrew appeared on Talk TV to discuss the surge in gas imports. He also got an outing on GB News to discuss the changing politics around Net Zero.
Harry Wilkinson appeared on Talk TV to discuss Ofgem’s cupming review and what this might mean for middle class households.
Chart of the week
This chart is taken from The Economist and it shows how two-thirds of the rise in energy bills come from green subsidies and network costs.
WED, JUL 30
The dark future for renewables
Is the penny starting to drop in Downing Street? Angela Rayner’s remarks about the possibility of social unrest over the summer suggest the Cabinet now understands all is not well. And she’s right to
Read More
The London-based Net Zero Watch is a campaign group set up to highlight and discuss the serious implications of expensive and poorly considered climate change policies. The Net Zero Samizdat is a newsletter summarising the latest issues - for more information, please visit the website at www.netzerowatch.com.
The Economist turns on Net Zero
The Economist reports that Britain’s net zero push is driving energy bills sky-high - 90% above the EU average for industry. It finds that renewables require costly grid upgrades and offshore wind has stopped getting cheaper. With public support wobbling, Britain is becoming a warning, not a model, for the risks of top-down climate policy.
Wealthy households could pay more under Ofgem review
Ofgem is set to review how energy costs are shared, raising the prospect that wealthier households could pay more to shield poorer families from rising fixed charges tied to clean energy upgrades.
Cleverly backs scrapping Net Zero
The ex-Foreign Secretary says Net Zero is outdated post-Ukraine. He warns against “throwing heavy industry under a bus” or capping North Sea wells. For Cleverly, energy policy must protect Britain’s competitiveness and affordability. Separately, the Tories have called for a review on North Sea.
NESO: households face £12.7bn bill to switch off wind turbines
Households face a potential £12.7bn-a-year bill to switch off wind and solar when the grid can't cope, says NESO. Critics blame Ed Miliband’s net zero drive for soaring “constraint costs,” warning the cheapest option would be keeping gas in the mix.
Barclays quits Net Zero Banking Alliance
Barclays joins HSBC and Wall Street giants like JPMorgan and Goldman Sachs in exiting the climate finance group. It pledges to stick to its green goals but says NZBA no longer functions. Climate groups slam the move as a step backward.
Tice unveils UKORE: Reform’s grassroots campaign against Net Zero “eyesores”
Richard Tice has launched an “energy war” on Ed Miliband, slamming him as an “eco-zealot” and pledging to fight “eyesore” solar farms and pylons central to Labour’s net zero plan. Reform UK’s new campaign, UKORE, will target rural backlash starting in Lincolnshire.
International
Trump: UK must cut North Sea taxes
Trump slammed the UK’s 78% North Sea oil tax, urging Labour to “incentivise drillers fast” or miss out on a “vast fortune” and lower bills.
New Zealand ends oil and gas ban
New Zealand has reversed Jacinda Ardern’s oil and gas ban, calling it a costly mistake that worsened energy shortages. Minister Shane Jones blasted the policy as “moral hysteria” and vowed to revive investment.
Etcetera…
Maurice wrote for The Critic about the “green backlash” and the climate lobby’s loss of control over the debate.
Andrew appeared on Talk TV to discuss the surge in gas imports. He also got an outing on GB News to discuss the changing politics around Net Zero.
Harry Wilkinson appeared on Talk TV to discuss Ofgem’s cupming review and what this might mean for middle class households.
Chart of the week
This chart is taken from The Economist and it shows how two-thirds of the rise in energy bills come from green subsidies and network costs.
From the blog
WED, JUL 30
The dark future for renewables
Is the penny starting to drop in Downing Street? Angela Rayner’s remarks about the possibility of social unrest over the summer suggest the Cabinet now understands all is not well. And she’s right to
Read More
The London-based Net Zero Watch is a campaign group set up to highlight and discuss the serious implications of expensive and poorly considered climate change policies. The Net Zero Samizdat is a newsletter summarising the latest issues - for more information, please visit the website at www.netzerowatch.com.
1 comment:
Give them enough rope and they hang themselves .
The economics of this was obviously never well studied .
Once again insane ideologies leading to be fiascos.
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