{"id":354961,"date":"2024-12-17T18:53:43","date_gmt":"2024-12-17T17:53:43","guid":{"rendered":"https:\/\/climatescience.press\/?p=354961"},"modified":"2024-12-17T18:53:45","modified_gmt":"2024-12-17T17:53:45","slug":"mad-milibands-carbon-capture-will-be-funded-from-energy-bills","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=354961","title":{"rendered":"Mad Miliband\u2019s Carbon Capture Will Be Funded from Energy\u00a0Bills"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From NOT A LOT OF PEOPLE KNOW THAT<\/a><\/p>\n\n\n\n

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

\n
\"\"<\/figure>\n<\/div>\n\n\n

As we guessed, it appears that most of Ed Miliband\u2019s \u00a321 billion bung to carbon capture projects will end up being paid for through our energy bills<\/strong>.<\/p>\n\n\n\n

The Telegraph<\/a> report that a senior civil servant has revealed that three quarters of the cost will be funded by levies on electric and gas bills. Although this will be spread out over a number of years, the overall cost to households would be over \u00a3500 each.<\/p>\n\n\n\n

So much for Miliband\u2019s lie that energy bills would be cut by \u00a3300 a year!<\/p>\n\n\n\n

So far, the carbon saving from the first \u00a34 billion tranche of funding is only reckoned to save 2 Mt of CO2 a year.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

As we guessed, it appears that most of Ed Miliband\u2019s \u00a321 billion bung to carbon capture projects will end up being paid for through our energy bills.<\/p>\n","protected":false},"author":121246920,"featured_media":354966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691832031,691821693,691819461],"class_list":{"0":"post-354961","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-carbon-capture-projects","9":"tag-ed-miliband","10":"tag-energy-bills","12":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/12\/0Screenshot-2024-12-17-185210.png?fit=1283%2C853&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1ulb","jetpack-related-posts":[{"id":363716,"url":"https:\/\/climatescience.press\/?p=363716","url_meta":{"origin":354961,"position":0},"title":"Carbon 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