Net Zero Watch press release 7 March 2025 The colossal costs to come The headlines UK The colossal costs to come Miliband must move on Brazen brothers Barwell’s threats BP in full retreat GB Energy bu

Net Zero Watch press release

7 March 2025

The colossal costs to come

The headlines

UK

  • The colossal costs to come

  • Miliband must move on

  • Brazen brothers

  • Barwell’s threats

  • BP in full retreat

  • GB Energy bust

International

  • Another one bites the dust

  • Luck fails the Irish

  • Climate emergency forgotten

Etcetera

From the blog

  • Net Zero to add £900 to cost of living by 2030

UK

The colossal costs to come

The eminent economist Professor Gordon Hughes published a new estimate of the cost of the grid in 2030 (republished by Net Zero Watch here). Consumers will have to put up with an increase in their power bills of at least £900 per year. The government made feeble attempts to rebut Hughes’ findings, but ended up being rebutted and refuted.

The report received widespread media coverage. David Rose did a deep dive on the contents at Unherd, and there were shorter pieces in the Express and at GB News. Conservative front-benchers noted the contents. Hughes had an op-ed in the Telegraph (£).

Miliband must move on

Some of the newspapers reported that Ed Miliband’s eco-antics have become too much even for his old friend Sir Keir Starmer. The Secretary of State is said to be facing the axe in an impending reshuffle.

Brazen brothers

Guido Fawkes blog noticed that Ed Miliband’s DESNZ had been dishing out large sums of money to a firm of which his brother is a non-executive director.

Barwell’s threats

Lord Barwell, a former adviser to Theresa May, appeared to threaten our friends at the Daily Sceptic with the full force of the law for opposing climate action. Nobody appears to have told him that retrospective laws are not really the done thing in the UK.

BP in full retreat

Having last week announced a full-scale retreat from eco-projects, BP followed through by announcing the cancellation of a major hydrogen project in the North-East of England.

GB Energy bust

Rumours that Ed Miliband’s GB Energy boondoggle would be defunded by the Treasury continued to swirl.

International

Another one bites the dust

Wells Fargo, a major US bank, announced that it had decided to abandon its Net Zero target and focus on banking instead.

Luck fails the Irish

The Irish government faces huge fines for missing its EU mandated carbon reduction targets. As much as €26 billion could be at risk.

Climate emergency forgotten

With Donald Trump signalling a retreat from the European theatre, EU nations moved to shift spending from decarbonisation to defence. What climate emergency?

Etcetera…

Ahead of his impending retirement, GWPF director Dr Benny Peiser talked to a Swiss magazine about the work of the foundation and his role within it. Lord Mackinlay was announced as Benny’s replacement and took to the airwaves at GB News to discuss his plans.

Andrew was on Talk TV discussing the latest rise in the cost of paying windfarms to switch off. £250 million has already been paid out in 2025.

Nigel Farage was in the Sun, saying that Net Zero is killing industry, a trend he vowed to reverse. Richard Tice, on a visit to Scotland, vowed to scrap Net Zero entirely.

Facing a deficit of £62 million, the Anglican diocese of Lichfield appointed a ‘Net Zero carbon manager’ on a substantial salary.

From the blog

Mon, Mar 03

Net Zero to add £900 to cost of living by 2030

Ed Miliband’s Clean Power 2030 plan will add at least £25 billion per year to the cost of the electricity system. This will cause prices to soar, hitting every household in the UK with a cost-of-livin

 Read More 

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