COP17 Climate Change Policies Cause Fuel Poverty
Chris Huhne the Climate Change Minister has repeatedly lied about the costs of Climate Change policies on energy bills claiming that people would be better off in the brave new Green world of bird choppers and unreliable power supplies, when all the time Huhne knew the real costs of his Green Climate Religion, they were after all hidden in the small print of his own Government Departments Report.
The Confederation of British Industry warned of the economic cost of Green Taxes and Feedin tariffs, so did the Manufacturers Association, now the Renewable Energy Foundation has produced a study Energy Policy and Consumer Hardship detailing the impact of Climate Religion Policies on fuel poverty.
In Britain the average wage in the private sector is £25,000 and £29,000 for the Public sector, if you earn less than £25,000 then turning up the heating is probably not an option:
1. Current renewable electricity policies intended to meet the EU Renewables Directive in 2020, will impose extra consumer costs of approximately £15bn per annum, which is roughly equivalent to 1% of current GDP. This annual total is comprised of approximately £8bn in subsidy, £5bn in grid integration, and a further £2bn in VAT charged on these extra costs.
2. Slightly less than one third of this annual cost (£4.5bn) will be recovered from domestic households through their energy bills, at an average cost of about £170 per household.
3. This burden will increase the risk of hardship over the entire population, with very significant increases for those on lower incomes.
4. There is particular concern that the 2.5m households currently using electricity for their primary means of heating will be exposed to a very significant increase in risk of hardship, spending as much as £320 a year extra on space heating alone.
5. About two thirds (£10bn) of the policy cost would be charged to industrial and commercial consumers, with implications for the cost of the goods and services provided by those businesses, and thus with indirect effects on domestic households via cost of living.
6. The policy cost burden will also degrade industrial competitiveness, with negative effects on wages and employment rates, thus having an indirect downward pressure on average household income.
Meanwhile Huhne is at COP17 trying to give away more money that Britain does not have, to fight a problem that does not exist, but one thing you can count on, Huhne, Caroline Lucas, Greenpeace, WWF and FoE will not give a damn about Energy poverty or old people dying of hypothermia, they are justifiable casualties in their fight for a brave new Green world and the return of the Agrarian society they all know is best for us.
Posted on December 6, 2011, in Anthropogenic Global Warming, Church Of Climatology, Climate Change, Global Warming, Green Lies, Green Taxation and tagged Chris Huhne, Fuel Poverty, Renewable Energy Foundation. Bookmark the permalink. 1 Comment.