Stop Lying About Net Zero Costs Boris Johnson – Bill Carmichael

Boris Johnson is preparing to chair the COP26 climate change summit – but is he being honest with taxpayers about the cost of his net zero plans?” height=”524″ width=”982″ srcset=”https://www.yorkshirepost.co.uk/webimg/QVNIMTIyOTc0MTc2.jpg?crop=982:524,smart&width=320 320w, https://www.yorkshirepost.co.uk/webimg/QVNIMTIyOTc0MTc2.jpg?crop=982:524,smart&width=640 640w, https://www.yorkshirepost.co.uk/webimg/QVNIMTIyOTc0MTc2.jpg?crop=982:524,smart&width=990 990w” layout=”intrinsic” class=”i-amphtml-layout-intrinsic i-amphtml-layout-size-defined” i-amphtml-layout=”intrinsic”>Boris Johnson is preparing to chair the COP26 climate change summit – but is he being honest with taxpayers about the cost of his net zero plans?” fallback=”” layout=”responsive” height=”524″ width=”982″ src=”https://www.yorkshirepost.co.uk/img/placeholder.png” class=”i-amphtml-layout-responsive i-amphtml-layout-size-defined” i-amphtml-layout=”responsive”>
Boris Johnson is preparing to chair the COP26 climate change summit – but is he being honest with taxpayers about the cost of his net zero plans?

Its business secretary, Kwasi Kwarteng, meanwhile categorically denied that ordinary people will have to pay more to adopt a greener lifestyle.

Shoot the other guys, he’s got bells!

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Boris Johnson is preparing to chair the COP26 climate change summit – but is he being honest with taxpayers about the cost of his net zero plans?

Forgive my skepticism, but it relies on a very authoritative source – the UK government itself!

That’s right, as the Prime Minister and his team promised a pain-free transition to a green economy this week, another branch of government – the UK Treasury no less – painted a very different picture and, dare I dare say it, much more realistic image.

Boris Johnson is preparing to chair the COP26 climate change summit – but is he being honest with taxpayers about the cost of his net zero plans?

The Treasury Net Zero report warned that there would likely be massive tax increases – on top of the large increases already imposed – to pay for decarbonization.

For example, the switch to electric vehicles will leave a £ 37 billion hole in government revenue from fuel duties and vehicle excise duties.

The Treasury has warned that new taxes will be needed to close this huge gap. And who do you think will pay? Look at yourself in the mirror if you want the answer to this question.

The Treasury report warned that the burden of the additional costs could end up falling on the poorest in society.

There, no surprise. Past experience tells us that environmental initiatives to “save the planet” invariably mean that the poor pay more to assuage the “green guilt” of the rich.

Who can forget, to take just one example, the “feed-in tariff” scandal of a few years ago, where poor retirees were forced to pay “green taxes” to subsidize Mick Jagger and Gary Neville for to install solar panels on the roofs of their mansions?

This time it’s no different. The much-advertised subsidies to replace gas boilers with heat pumps amount to just over £ 5,000 for the already well-off – paid for by people who cannot afford to heat their own homes properly.

Who other than the rich is likely to be able to afford the cost of £ 15,000 to £ 20,000 to install a new heat pump?

And if you can afford that kind of money, why are you handing out the begging bowl to people less well off than you?

The exact same could be said of electric vehicles. If you can afford the higher cost of buying an electric car, then go ahead and congratulate yourself, you saved the planet. But don’t expect to be subsidized for your choice.

You don’t have to take my word for it. The Treasury’s warning on this subject is severe. Policies to support the adoption of electric vehicles “may disproportionately benefit” the wealthiest, he says, with low-income people bearing the brunt of the rising costs.

Listen, I have nothing against gestures to be more respectful of the environment. I’m from a generation that was “green” long before it was in fashion.

My parents, who experienced stinging poverty in the 1930s, told me from an early age that messing up everything was a terrible sin.

So I spend a lot of my time turning down the thermostat and turning off the lights. If I find a moldy piece of cheese in the back of the refrigerator, I cut off the green pieces and eat the rest.

Unlike Dame Emma Thompson, I very rarely take a plane and travel by public transport, using the buses and trains so despised by the posh and well-meaning children of Extinction Rebellion.

My carbon footprint is only a fraction of the protesters who insist on giving lectures to me wiggling their fingers about why I am destroying the planet.

So I am all in favor of reducing waste and carefully managing the Earth’s resources for future generations.

But I’m just asking two things.

First, stop lying to us. The transition to net zero will not be painless. Decarbonizing our economy is going to be very expensive – over £ 1 trillion by some estimates. The future is going to be poorer and colder and we will have to pay more for it.

Second, instead of constantly subsidizing the rich to make choices they would have made anyway, we are starting to urgently protect the elderly, the vulnerable and the poor by mitigating the sharp increases in the price of gasoline. energy we are facing this winter.

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Edward L. Robinett

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