Net Zero to Cost Same Amount as Starmer’s Defence Uplift

The Climate Change Committee has unveiled its latest carbon budget as part of the government’s drive toward Net Zero. Unsurprisingly, it comes with a hefty price tag. The quango estimates that “the net costs of Net Zero will be around 0.2% of GDP a year on average” until 2050—amounting to roughly £5 billion annually over the next 25 years.[…] Read the rest