Net Zero Watch @NetZeroWatch
Campaign to highlight the serious economic and societal implications of expensive and poorly considered climate and energy policies #CostOfNetZero netzerowatch.com London Joined September 2014-
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Read more 👇 thetimes.com/business/econo…
British businesses are cutting costs and eating into their profit margins to cope with rising energy costs, the Bank of England governor has warned. Andrew Bailey said that UK firms were taking measures such as reducing their headcounts and not passing on the higher costs of energy to their customers. Net Zero is crippling British industry. #CostOfNetZero
The GWPF is delighted to announce that Kathryn Porter (@KathrynPorter26) has been appointed to our Board of Trustees. Kathryn brings a wealth of technical expertise on energy and is dedicated to educating policymakers from across the political spectrum about this crucial subject.
Read more 👇 telegraph.co.uk/business/2026/…
Britain’s grid operator is facing fresh questions about how it manages the electricity system after paying nearly £50m in so-called “balancing costs” in a single day to keep the lights on. Some of the money went to Scottish wind farms to switch off because the grid was incapable of transmitting all their power. However, most went to gas-fired power stations in England, which were paid to ramp up their output to replace the missing green power. #CostOfNetZero
Read more 👇 telegraph.co.uk/business/2026/…
Households face a debt “doom loop” as energy bills rise. Debts from household gas and electricity bills will hit at least £7bn next year, forcing suppliers to recoup more costs from those who are able to pay. Unpaid energy debts are already adding £67 a year to the average bill under rules set by Ofgem. However, this is poised to hit £100 if debts keep rising. #CostOfNetZero
Read more 👇 scotsman.com/news/politics/…
As Andy Burnham makes his first visit to Scotland since becoming Prime Minister, he faces an early crucial decision that could define the rest of his leadership north of the Border. Labour vowed to end new oil and gas drilling in the party’s manifesto before the 2024 UK general election. But the big question is where will we get our oil and gas from as the dire geopolitical landscape has ramped up the need to focus on domestic production. #CostOfNetZero
Read more 👇 telegraph.co.uk/money/net-zero…
Households could face a £140 “boiler tax” under Labour’s plans to more than double annual heat pump sales quotas for boilermakers. The chief executive of Energy and Utilities Alliance, said Miatta Fahnbulleh's proposals were “economically illiterate”. He warned “The heating industry will have no choice but to pass this additional cost on to the consumer; ultimately, they are the ones who will suffer because of this net zero zealotry.” #CostOfNetZero
The New Statesman's cover story is a welcome retreat from Net Zero, written by @EdConwaySky. Is it time for journalists to start asking some pretty pointed questions of DESNZ and the CCC? Conway is great, but unfortunately gets it wrong when he says "There is a point – most likely a decade and a half in the future – at which the savings from net zero (less spent on gas and fuels) should outweigh the costs of building all the necessary infrastructure." Because increasing renewables capacity leads to increasing curtailment (due to overgeneration), that simply cannot be true. If Ed would like me to show him why, I'm happy to help. I hope to heaven he isn't taking the CCC's word at face value. x.com/NewStatesman/s…
Read more 👇 telegraph.co.uk/business/2026/…
Britain will miss out on thousands of jobs and almost £11bn in tax if ministers block the Rosebank and Jackdaw oil and gas fields, researchers have claimed. A study concluded that the Treasury would miss out on £10.9bn of revenue by 2049-50 if the Government did not approve drilling. Similarly, analysts said the North Sea energy schemes could create more than 3,000 extra jobs – a benefit that local economies would miss out on should the projects be rejected. #CostOfNetZero
Read more 👇 telegraph.co.uk/business/2026/…
Ed Miliband has approved a massive new oil field development in waters around the Falkland Islands. The Sea Lion field is thought to contain up to 1.7 billion barrels of oil and could now be in production as early as next year. The decision triggered an immediate reaction from Argentina, the president of Argentina filed legal action seeking to halt the drilling authorised by the UK. How about approving Jackdaw and Roseband Ed? #CostOfNetZero
Read more 👇 telegraph.co.uk/money/net-zero…
Electric vehicle drivers face police raids if they are suspected of dodging Labour’s new pay-per-mile tax. Under rules put forward by the Government, officers will be allowed to enter homes to inspect, test and seize vehicles in cases where they suspect drivers are tampering with meters.The pay-per-mile tax comes into effect in April 2028. The new tax will cost EV drivers 3p per mile and plug-in hybrid owners 1.5p. Drivers will need to estimate their annual mileage and pay the fee when they renew their traditional car tax. This figure will then be verified at MOT centres. #CostOfNetZero
Read more 👇 telegraph.co.uk/business/2026/…
A heat pump subsidy scheme championed by Ed Miliband is facing cuts as John Healey, the Chancellor, scrambles to find billions of pounds to fund defence. Labour’s £15bn Warm Homes Plan, launched by Mr Miliband just nine months ago, is reportedly expected to be scaled back as the Department for Energy Security and Net Zero seeks to make £2bn in savings. A £2.7bn subsidy scheme, providing £7,500 grants for people who purchase heat pumps under the boiler upgrade scheme, will be curtailed as part of the plans. #CostOfNetZero
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