UK Climate Committee Deceived Everyone About ‘Net Zero’ Cost
The Government is facing demands to launch an urgent inquiry into the conduct of the Climate Change Committee, as evidence accumulates that the cost of ‘Net Zero’ will be trillions of pounds more costly than the Committee has claimed
The call comes in the wake of comments from Olivier Blanchard, a former chief economist at the IMF, who told the House of Lords Economic Affairs Committee that Net Zero will be “much more expensive than people imagine.”
Mr Blanchard’s remarks are just the latest confirmation that the public has been systematically misled over the cost of Net Zero :
- In 2021, it was revealed that the CCC had used spurious weather data in their modeling, thus enabling them to reduce the capacity of electricity generation and storage equipment required.
- It was also revealed that the CCC used spurious figures for the cost of electric vehicles, thus reducing the apparent costs.
- More recently, the CCC admitted that its electricity system modeling is inadequate. The resulting understatement of costs is as much as tens of billions of pounds per year.
- It has also been revealed that the CCC “waves away” most of the cost problem, simply by assuming extraordinary cost reductions in the future. With current technology, the cost of Net Zero will be hundreds of billions of pounds higher.
And the former Chancellor of the Exchequer, Lord Hammond, has said, quite bluntly, that the political establishment has been “systematically dishonest” about the cost of Net Zero.
Net Zero Watch director Andrew Montford said:
“There is no longer any doubt that the Climate Change Committee has deceived Parliament and the British people. The only question is whether Rishi Sunak is going to do anything about it.
He has a simple choice – launch an inquiry into the Climate Change Committee and all the other institutions involved in the deception, or go down in history as a party to the fraud.”
See more here climatechangedispatch
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Wisenox
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They need 4-7 trillion for AI investments as well. They’ve also promised taxpayer-based “profit-sharing” to themselves, so most of the “costs” they slough around are padding to ensure that profits are left over for themselves.
They come up with bullshit the people don’t want, and then force the people to pay for it under threat of law. A crime if you do it, but just another day if the nobility does.
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