Thursday, 17 March 2022

GOVERNMENT COMMITTEE'S CRITICAL REPORT OF NET ZERO POLICY

 Government committee criticises climate change policy cost estimates. Read the report here:

Achieving Net Zero: Follow up (parliament.uk)

Here is a flavour of it:

"Government has no clear plan for how the transition to net Zero will be funded. Its ability to track its performance against the 2050 target is hampered by vague performance measures, a lack of overall budget or plans to collate and report what it is spending and limited assessment of the cost impact on consumers."

"Significant uncertainty remains as to whether consumers will rapidly change their behaviours in line with the expectations of government’s Net Zero Strategy."

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