I did not vote for the Climate Change Act of 2008. I was critical of the lack of costings and forecasts of what would be needed to undertake such a fundamental change of the energy we used and the ways we used it. No one proposing it could tell us what technologies would work and would be needed to decarbonise diets, aviation, heavy plant, industry and home heating.
This week I am unable to support the government’s latest essay in energy policy geared to hitting the net zero targets. The Bill continues the development of a complex web of subsidies, windfall taxes, price controls and regulations that run the risk of imposing dear energy on us. The UK seems to think cutting our CO 2 output by closing factories and steel works here is good for the planet when importing these items will add to world CO 2.
I am concerned about the UK spending an estimated £20 bn on carbon capture and storage. This is all extra cost which will either be paid for by taxpayers through subsidies or by energy users through higher prices. Either way it is bad for inflation, jobs and business here in the UK .
The UK should not be putting our own energy using businesses or our domestic consumers at a disadvantage. The UK does not have to pioneer carbon capture before other far larger CO 2 producers like China and the EU get around to using carbon capture.