By Paul Homewood
According to the Office for Budget Responsibility, the cost of Environmental Levies and the RHI scheme, (all a consequence of the Climate Change Act), will have risen to £13.5bn by 2021/22.
All of this cost is borne by energy consumers, except for the RHI, which is taxpayer funded.
But what is likely to happen to these costs in the years after 2021/22? Dieter Helm in his recent report reckons the cumulative cost will be well over £100 billion by 2030, but this appears to be way under the mark, given the costs already identified up to 2021.
There has been an ongoing conspiracy between the Government and the Committee on Climate Change to conceal the true cost of their policies.
I have therefore now undertaken a detailed study of the real costs between now and 2030, and the results are truly horrifying.
By 2030, the…
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