UK Govt’s green subsidy ‘reform’ punishes the poor and benefits the rich

London - Commenting on today’s package of energy policies released by the UK government, Net Zero Watch warned that Rishi Sunak and his colleagues appear to have learned nothing from the bitter experiences of the energycost crisis and are ignoring the growing burden of renewable energy.

In spite of unassailable evidence that renewables costs have not fallen, the Government not only intends to continue providing billions of pounds of subsidies, but also proposes to implement Boris Johnson’s original plan to shift the green burden onto gas bills.

As a result, heating will become even less affordable for millions of poor households.

The government evasively refers to this plan as “rebalancing” (Powering Up Britain, p. 63) gas and electricity bills, but Net Zero Watch observes that the effect is not cost-neutral for most natural gas consumers in middle- and lower-income households, for the following reasons:

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