Policy

'Green' Policies Drive Rising U.K. Energy Costs

Now electricity is sustainably expensive!

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The government's Department of Energy and Climate Change, with the current minister as mouthpiece, has just pushed out a report claiming that its green policies are saving us money now and will save us even more in coming decades. Can it be true? We can save the planet—or anyway reduce carbon emissions—and it not only costs nothing, but puts money in our pockets?

In a word, no: of course not. If that was true there would be no need for government action, we'd be acting to reduce carbon emissions on our own. And indeed, once you skip the foolish tinned quotes and bogo-stats in the executive summary, the report itself makes it very clear that in fact green policies are already to blame for most of the sustained climb in electricity prices we've suffered over the past decade—and that it's going to get a lot worse.