The new calculation reveals that the cost is likely to be around six times the previous estimate. which was £50,000 per household. So now it is £300,000 per household. That is an eye-watering sum even thought it is spread over 25 years. Where will it come from? How will it be raised? We will soon start to find out from the budget next week. This is not just a black hole, it is a vast cavern. People who have taken no notice of climate change until now will begin to realise that the cost will affect them in a big way and we will see how keen they are to support it.
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