{"id":377161,"date":"2025-05-05T19:05:44","date_gmt":"2025-05-05T17:05:44","guid":{"rendered":"https:\/\/climatescience.press\/?p=377161"},"modified":"2025-05-05T19:05:46","modified_gmt":"2025-05-05T17:05:46","slug":"net-zero-subsidies-now-cost-26-billion-a-year-new-report-claims","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=377161","title":{"rendered":"Net Zero Subsidies Now Cost \u00a326 Billion A Year\u2013New Report\u00a0Claims"},"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

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A new report by the Renewable Energy Foundation claims that green energy subsidies are now costing the public \u00a325.8 billion a year.<\/p>\n\n\n\n

The Telegraph report:<\/p>\n\n\n\n

Britain\u2019s green energy subsidies have added an estimated \u00a3280 to <\/em>households\u2019 energy bills<\/em><\/a>, research has found.<\/em><\/p>\n\n\n\n

Levies used to encourage construction of wind farms, solar parks and other renewables have added \u00a325.8bn a year to energy bills paid by both households and industry, according to a study from the Renewable Energy Foundation (REF).<\/em><\/p>\n\n\n\n

The charity said the cost of the subsidies were a key factor in the UK\u2019s sky-high electricity prices and blamed them for accelerating the decline of British industry.<\/em><\/p>\n\n\n\n

John Constable, REF\u2019s director, said: \u201cRenewables subsidies are now costing \u00a325.8 bn per year \u2013 or over \u00a3900 per household annually \u2013 about one third of which, \u00a3280, will hit the average domestic electricity bill directly.<\/em><\/p>\n\n\n\n

Full story here.<\/a><\/p>\n\n\n\n

REF\u2019s report can be seen here<\/a>.<\/p>\n\n\n\n

Their numbers are largely the same as I have been reporting on for a while, including the official costings from the OBR of environmental levies, which are indisputable.<\/p>\n\n\n\n

REF also include REGOs (Renewable Energy Guarantee of Origin certificates), which are increasingly profitable for renewable generators and, of course, end up being paid for by us.<\/p>\n\n\n\n

They also includes the costs on fossil generators imposed by the UK Emissions Trading Scheme and Climate Change Levy. These not only increase our bills but also have the effect of increasing revenue for renewable generators.<\/p>\n\n\n\n

John Constable has a full interview on GB News below:<\/p>\n\n\n\n

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