Labour's overly statist approach to Net Zero risks hurting households

  • The Climate Change Committee’s Seventh Carbon budget, released today, sets the targets for Britain’s carbon emissions covering the years 2038-42
  • The pathway set out relies heavily on electrification, with rapid continued uptake of EVs and heat pumps. To accomplish this, one of the CCC’s key recommendations is ‘making electricity cheaper’
  • Yet Ed Miliband’s ideological dash for Clean Power 2030 risks doing the opposite, prioritising an arbitrary target underpinned by dubious modelling rather than a pragmatic approach

Dillon Smith, Head of Energy and Environment, responded to the report saying:

‘The CCC’s CB7 advice argues that electrification will be key for Net Zero, with 60% of its emissions reductions achieved by that route by 2040.

‘As the CCC says, boosting uptake of EVs and heat pumps will require making electricity cheaper. But the Government has absolutely failed to prove that its plan for ‘Clean Power 2030’ will do that. Indeed, the Centre for Policy Studies has raised significant concerns about the assumptions underpinning its calculations, including the entirely spurious pledge to save customers £300 on their energy bills.

‘We do however welcome the CCC’s increased focus on consumption emissions, which the CPS has previously called for. We need to ensure that reducing emissions here at home does not simply lead to our offshoring emissions, and jobs, overseas.’

ENDS

 

NOTES TO EDITORS

  • Dillon Smith is Head of Energy and Environment at the Centre for Policy Studies
  • His paper ‘The Great Grid Gamble’ is available here
  • For further information please contact Emma Revell on 07931 698246 and [email protected] or Josh Coupland on 07912 485655 and [email protected].
  • The Centre for Policy Studies is one of the oldest and most influential think tanks in Westminster. With a focus on taxation, economic growth, housing, immigration, and energy abundance, its goal is to develop policies that widen enterprise, ownership and opportunity.

Date Added: Wednesday 26th February 2025