By Paul Homewood
In June 2011, 18 months before going off to serve Her Majesty in another capacity, former energy and climate change secretary Chris Huhne made a remarkable speech in which he asserted that the Government’s green policies, far from costing households, would actually save us money. “Green growth,” he said, can protect the economy by “reducing our exposure to price shocks”. Moreover, the cost of low carbon policies up to 2020 would amount to “just one per cent on the average household energy bill” – and even that assumed that we could always buy oil at “last year’s cheap rate of $80 a barrel”. If, as he expected, oil prices stayed high and gas prices rose to meet them “then our consumers will be winning hands down from our energy policy”.
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