2022-10-13
NetZero Watch explains the government's proposals for reducing the burden on electricity consumers.
"These generators are now receiving a subsidy top-up to incomes that are already well in excess of what was expected. There can be no justification for such a burden on the consumer"
"renewables are intrinsically expensive, and claims for dramatically falling costs are misrepresentations of the facts"
Will it work?
"The precise mechanics of the temporary Cost-Plus Revenue Limit will be subject to a consultation to be launched shortly"
Don't hold your breath - this "consultation" will be with energy providers, not with consumers.
"No one doubts that it is feasible to save householders and businesses billions of pounds, but whether this likely to be realised through this opaque and Byzantine procedure is open to doubt"
But NetZero Watch also has a plan that would reduce bills for the consumer ...
"The total savings delivered for winter 2022–23 would thus amount to £41 billion, or just over £1,500 per household"
but in subsequent years
" further savings of £32 billion, or nearly £1,200 per household could be delivered"
What's not to like?
Plenty, according to the Good Law Project that points out that the Government's plan to reach Net Zero is illegal as it doesn't explain fully how it will get there in the allotted time-frame.
It has taken the Government to court in an attempt to force it to so, and (no surprise here) to its great delight, the Government has caved.
"Good Law Project is thrilled to have worked alongside our friends at ClientEarth and Friends of the Earth to deliver this landmark victory"
So HMG is now legally obliged to redouble its efforts to achieve Net Zero and is urged to
"pull the plug on new fossil fuel developments and invest in real solutions to the myriad crises we face: developing the UK’s immense renewable energy potential and insulating people’s homes"
Yeah, right. For how many years have they been doing precisely that, and where have we ended up?
Still, it's vital that HMG acts within the law, so to the freezer and the bankruptcy courts with the proletariat.
