The Government's obsession with its babyish green dreamworld will force the closure of power stations, increase our electricity bills and damage vital industries, warns Christopher Booker (Telegraph)
"We are fast approaching that long overdue moment when the country wakes up to the scale of the disaster we are being led into by the absurdly unreal, global-warming-obsessed energy policy of our “greenest ever government”. Yet another disturbing instance of this was the announcement tucked away in George Osborne’s Budget that he will impose a “£16 a ton floor price for carbon”, a measure seemingly so arcane that no one has really bothered to spell out its implications.
What it means is that for every ton of CO2 emitted by British industry, and by our electricity companies in particular, we shall all indirectly have to pay what is in effect a hidden tax of £16, rising over the next nine years to £30.
Last year, the coal-fired power stations which supply nearly a third of our electricity used 40 million tons of coal, each emitting up to 2.9 tons of CO2. For this 116 million tons, we shall see nearly £2 billion added to our electricity bills.
The same tax on gas will add a further £1 billion to our bills, thus increasing them by a total of £3 billion a year, rising to £5 billion by 2020. This will add more than 25 per cent to the price we presently pay for electricity, or £200 a year for every household. "
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