John RedwoodĀ (Wokingham) (Con)
Who will pay for CCS as it does not generate any direct revenue from retail customers?
Graham Stuart (Minister of State for Energy Security and Net Zero)
To decarbonise industry, we will need CCS and hydrogen. We are socialising the funding requirements across the piece to ensure that we deliver what is necessary to meet our carbon targets, at the lowest possible cost to consumers. This year we are also consulting on measures to prevent carbon leakage, ensure that we do not drive UK industry abroad, which I know my right hon. Friend is concerned about, and instead maintain our competitiveness as we move towards net zero.
April 3, 2023
The minister seems to miss an important issue. We do not want to maintain our competitiveness (for it is relatively poor) what we want (need) to do is improve it substantially.
April 3, 2023
The way to ārestoreā (not maintain) our competitiveness is to ditch Mayās moronic net zero agenda which was nodded through without even a vote or a sensible costing by the scientifically illiterate, virtue signalling, fools we have as MPs. Then get fracking, mining and drilling plus R&D into better nuclear and fusion. Use the money saved by ditching all subsidies for so called ārenewablesā.
Then cut the size of the largely parasitic state sector in half, a 100% tax on state pensions over Ā£35k PA, relax planning and have a bonfire of red tape. Unblock the roads, cancel HS2, go for easy hire and fine and stop low skilled immigration as a good start.
April 3, 2023
YES to everything you said
April 3, 2023
āState sectorā pensions I meant.
April 4, 2023
What a FANTASTIC country we’d be if we did that. Sadly, we are on the slippery socialist road to oblivion.
April 3, 2023
Does Graham Stuart (Selwyn, Philosophy & Law failed) understand that green Hydrogen saves no CO2 it is just a very expensive and very energy inefficient way of storing electricity when it is generated but not needed by windfarms or solar. Also that CO2 (plant & tree food) capture (CCS) wastes a very large amount of the energy generated in the process and does nothing positive for the environment either. But it does mean that China and India can open even more coal fired power stations knowing we are pointlessly pissing our money away capturing CO2.
April 3, 2023
To complete the joke perhaps we can expect the Government to conract with India to produce more feedstock CO2 at a discount price.
April 3, 2023
“We are socialising the funding requirements across the piece”
Evasiveness alert! My dictionary doesn’t have the verb “to socialize” in it, at least not in the way the Minister appears to be using it. However, it sounds as if it will cost me money.
April 3, 2023
Privatise the profits, socialise the costs. It’s the same s companies paying.g minimum wage nd employees being topped up with benefits
April 3, 2023
@Wanderer; It will cost you whatever, and if not socialized quite possibly a lot more, as the profiteers seek to make brass out of common muck, just as they have with what used to be cheap and plentiful landfill and the socialized local rubbish tip were anyone could tip almost anything, not have to hire a skip and then pay a ‘recycling’ fee…
April 3, 2023
But it won’t cost their friends the shareholders of big business a bean, will it?
April 3, 2023
The shareholders can be other people’s pension funds.
April 3, 2023
I think we will find it means us plebs pay, not the Establishment protected species.
April 3, 2023
Carbon capture and storage is a complete scam. Ā£20 billion will be spent to find out it does not work. It is not necessary. Neither is hydrogen, which has to be made from water using electricity!
The whole net zero scam will destroy us if we let it. But who are we to vote for? It is like Brexit, all the main parties agree. Only a referendum can sort this out. Our whole way of life is being changed based on a theory, and we have no say in the matter. Is this a democracy? Don’t make me laugh.
April 3, 2023
It will use about 50% of the power generated to capture and liquefy CO2. That will make generation twice ad expensive
April 3, 2023
Seems like we’re about to get a ‘CCS Levy’ across all industry ….didn’t see that in the last manifesto and probably wont see it written in the next …but a new tax levy you shall have
April 3, 2023
It’s a no brainer, we the taxpayers will fund this initiative. As normal!
Perhaps one day the money we have extracted from us will actually be spent on us. For our benefit & not for the greedy wasteful state controlled by the unelected WEF.
April 3, 2023
Dream onā¦
April 3, 2023
SJ, can you not ask the man why we are so hell bent on this crazy net-zero project? And in this respect, despite having a low output anyway, doing more than any other nation on the planet. At enormous cost to British people.
Where is the evidence that can be scientifically verified by an independent group of qualified peers such as those from the ‘Great Barrington Declaration’?
Why has there been no quality investigation into the claims that Carbon and CO2 created by mankind are the root cause of our climate change, despite it recurring from millions of year ago? Humans are cleverer than animals but they are not “gods” when it comes to changing our weather and thus climates around the globe.
And where does the effects of THE Solar system itself feature in their assessments?
April 3, 2023
Iām finding that shops and small businesses are on a 4 day week. This is because they pay the staff the same as before but for fewer hours. They pay substantially more for energy and need to shut to cap the huge bills.
This is the result of the Conservative Government āsocializingā its generous salary increases (minimum wage) and ānet zeroā costs.
Is the government aware that unlike themselves, the population cannot create money, only wealth?
Iām not sure how much more āsocialist socializingā we can take before putting on a yellow vest!
April 3, 2023
https://www.bbc.co.uk/news/business-64860802 Globally, the International Energy Agency estimates that heat pumps could reduce carbon emissions by 500 million tonnes by 2030.
Its all decided weāre just along for the ride like it or not. āThe UK badly needs more people like Mr Weech if the country is to come anywhere near meeting the government’s target of 600,000 annual heat pump installations by 2028ā¦ According to the UK Heat Pump Association, the country needs more than 50,000 additional installers by the end of the decade…In an effort to boost numbers, the government announced a grant of Ā£500 earlier this month to help pay for training in heat-pump installation.ā
April 3, 2023
The maximum grant available for an air source heat pump is Ā£5,000, though bigger grants are offered in Scotland.
No surprises there then!
April 3, 2023
Very sad to hear that Lord Lawson has died.
What a man we could do with a few like him in government today.
He never fell for all this green crap rubbish and tended to do his research before commiting himself to any scheme unlike what we have inflicted upon us now.
RIP Lord Lawson
April 3, 2023
Annual mean sea level mm, Aberdeen 2 (Year 1860 ā 6985mm and decreased in Year 1970 ā 6965mm) https://ntslf.org/products/sea-level-trend-charts?name=Aberdeen+II&freq=annual
So why are we doing net-zero again !
April 3, 2023
” We are socialising the funding requirements across the piece…at the lowest possible cost to consumers. ”
i.,e, “We shall tax the blazes out of the industrious middle classes and subsidise the shirking classes so as to prevent rioting and give these madcap schemes the illusion of affordability.”
April 3, 2023
The only way to stop UK industry decamping abroad is to pay it massive subsidies to cover their massively increased cost of conformity with Tory idiocy. We still need to be told how they intend to capture CO2 and
store it: how, where, and how. The lack of scientific knowledge of the Tory party is making us an international laughing stock.
April 4, 2023
Once again, at least the Minister was relatively honest. He’s representing a Socialist Government.
That’s what you get if you vote for any branch of the Westminster Uni-Party.
April 4, 2023
The beneficiaries of CCS would pay for it if it is worth anything to them.
It is a net zero cost with added expense!
April 4, 2023
Very glad to see UK & Australia deal on critical materials. No mention in mainstream media. Government needs to publicise it.
https://www.theleader.com.au/story/8147794/australia-strikes-pact-with-uk-on-minerals-rare-earths/