Monday, 16 May 2011

UK GOVERNMENT COMMIT TO 16 BILLION A YEAR ON DECARB.

This article< explains the detail. The paragraph below gives a flavour, and the costs which we will all be paying - far greater than the cuts the government have inflicted on us so far. When will we see the protest marches?

"The committee's report says the new carbon deal will require that heat pumps will have had to be installed in 2.6m homes by 2025. It also says that by the same date 31% of new cars, and 14% of those on the road overall, will be electric. Experts say a total of £16bn of investment will be needed every year to meet the commitment. Some of this money will be raised through increases in electricity prices"

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