Saturday, 11 June 2011

Industry begins to count the true cost of 'climate change'

Christopher Booker, Telegraph
"Two years ago, I published a book called The Real Global Warming Disaster, subtitled: “Is the obsession with 'climate change’ turning out to be the most costly scientific blunder in history?” For months it remained easily the best-selling global warming book in Britain, for two reasons. It told the story of how the science behind the global warming scare had been increasingly called into question; but it also wove this together, for the first time, with an account of the measures proposed by politicians to meet this supposed threat and how, far more than most people realised, they threatened us with an economic catastrophe.

Lately, it seems, ever more people have been waking up to the almost unimaginable scale of this disaster now roaring down on us. As one power company last week raised its charges by an average £200 a year, it was claimed by the Global Warming Policy Foundation that a fifth of our soaring energy bills are now accounted for by the hidden subsidies and other costs imposed by the drive to “decarbonise” our electricity supplies. ....Furthermore, we are all unwittingly having to pay billions for the EU’s Emissions Trading Scheme, the Carbon Reduction scheme, higher airline taxes, higher vehicle duties, highly paid “low-carbon officers” in our council offices, and heaven knows what else besides. With the new carbon floor tax soon due to raise our energy bills by further billions, we can see why the Government’s own forecast – that the Climate Change Act will cost us up to £18 billion annually until 2050 – might well be an underestimate. "

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