{"id":344750,"date":"2024-10-01T08:31:50","date_gmt":"2024-10-01T06:31:50","guid":{"rendered":"https:\/\/climatescience.press\/?p=344750"},"modified":"2024-10-01T08:31:53","modified_gmt":"2024-10-01T06:31:53","slug":"cps-net-zero-reports-misses-the-point","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=344750","title":{"rendered":"CPS Net Zero Report\u2019s Misses The\u00a0Point"},"content":{"rendered":"\n
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From NOT A LOT OF PEOPLE KNOW THAT<\/a><\/p>\n\n\n\n

By Paul Homewood<\/p>\n\n\n\n

The CPS is well known for challenging the left wing consensus, so it is doubly disappointing to see this report by John Penrose:<\/strong><\/p>\n\n\n\n

Press Release<\/em><\/strong><\/p>\n\n\n\n

 As new government data shows that the UK has the most expensive industrial electricity prices in the world, four times those in the US and 46% above the International Energy Agency median, a new CPS report by John Penrose sets out how the UK can reduce the cost of its energy and find a cheaper route to Net Zero:<\/strong><\/em><\/p>\n\n\n\n

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Despite international gas prices coming back down in the aftermath of Russia\u2019s invasion of Ukraine, British households are still struggling with high energy bills because of outdated regulations pushing up costs.<\/em><\/p>\n\n\n\n

\u2018A Cheaper Route to Net Zero\u2019 by John Penrose, former Conservative MP and minister, Competition Tsar, leading an independent review of UK competition policy, and co-chair of the Commission for Carbon Competitiveness\u2019 argues that the current system is hostage to the volatile international price of gas, to our detriment, and that regulations dictating how energy firms should behave have become steadily more complicated, detailed, expensive and slow \u2013 adding to the cost of energy.<\/em><\/p>\n\n\n\n

The paper sets out twenty recommendations which could be adopted by the new government to help bring energy bills down while still committing to decarbonisation.<\/em><\/p>\n\n\n\n

The recommendations are broadly summarised as:<\/em><\/p>\n\n\n\n