Offshore wind farm [image credit: Wikipedia]
UK governments are legally forced to follow the Climate Change Act and even then they’re coming up short, according to a High Court verdict this week. How long can this climate-induced madness go on?
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A new analysis by Net Zero Watch reveals that Net Zero policies are already costing every household over £2,000 ($2,400) per year, says Climate Change Dispatch.
Spending programs and the Emissions Trading Scheme together cost around £300 ($360), while green levies – mostly subsidies to renewables – are adding another £350 ($420).
Renewable energy also imposes a range of indirect costs as businesses pass on their costs to consumers, which may add up to another £600 ($719).
Finally, there is a significant cost due to the constraints put on fossil fuel extraction in the UK.
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