Brexit Britain’s bonfire of red tape held back by ‘huge cost’ of net zero

Speaking at an event organised by the Centre for Policy Studies, Mr Rees-Mogg warned of the “huge regulatory cost”.

He said: “Net zero is going to be a huge regulatory cost and that is an issue for the country to face and to face up to.

“If we were to have a ‘one in, one out’ or ‘one in, two out’ rule, you would end up excluding net zero, as we previously excluded EU regulation, and then you’re tinkering at the edges because you’re ignoring the biggest piece of regulation.”

The North East Somerset MP’s comments reflect a concern about the economic impact of net zero from certain members of both the Cabinet and the Conservative Party.

Read more in Daily Express here.

Date Added: Friday 6th May 2022