"The Conservatives are promising to roll back green energy rules to cut energy costs, amid an emerging election battleground over the cost of household bills. The party has announced it would scrap carbon pricing and "rip-off wind subsidies", claiming they add 20% to electricity prices. It is the latest move from the party under leader Kemi Badenoch to turn the page on the net zero agenda that the party previously advocated in office."
"The party is promising that if elected, it would abolish the post-Brexit carbon pricing system put in place by Boris Johnson as a key part of his net zero plans. It also says it would cut renewable energy subsidies by ending a regime of 20-year green energy certificates, originally introduced by Labour Energy Secretary Ed Miliband, which is currently due to continue until 2037."
"The Tories are promising that scrapping the two schemes would knock a combined 165 off the average household energy bill. By contrast, Labour is promising that its plan to decarbonise British electricity will cut domestic bills by 300 a year. Reform UK, meanwhile, has argued scrapping "net zero madness" could save families 1,000 a year."
The Conservatives pledge to roll back green energy rules to reduce household energy costs. The party proposes abolishing the post-Brexit carbon pricing system established under Boris Johnson and ending 20-year green energy certificates introduced under Ed Miliband, which run until 2037. The party claims scrapping both schemes would cut about £165 from average annual household energy bills. Labour counters that its electricity decarbonisation plan would save around £300 per household, while Reform UK claims up to £1,000 savings by abandoning net zero. Party leader Kemi Badenoch has shifted the party away from previous net zero commitments.
Read at www.bbc.com
Unable to calculate read time
Collection
[
|
...
]