"Electricity bills will rocket by almost a quarter as a direct result of ‘green’ targets, the Government’s own advisers warned last night.
A study by the Committee on Climate Change set out to debunk ‘myths’ about the impact of controversial EU climate change targets.
But its experts found that switching to wind farms and other ‘green’ sources of energy will lead to a significant hike in electricity prices.
The study concluded that electricity prices are likely to rise by 41 per cent by 2020 in real terms – with more than half the increase a result of switching to ‘low carbon’ energy sources.
In total, ‘green’ measures will add 23.8 per cent to the price of electricity.
The impact on families will vary according to consumption, but the report found that those whose homes are heated by electricity could see their annual bills rise by more than £400.
The analysis also suggests that a new ‘carbon price floor’ – introduced on the pretext of cutting carbon emissions –
- will effectively act as a tax,
- from electricity consumers by 2020."...
via Lucianne
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