Labour’s plans to reach Net Zero will cost £116 billion, new analysis has revealed.

Sir Keir Starmer’s pledge to decarbonise Britain’s electricity grid by 2030 will require more than £15.5 billion additional investment per year until the start of the next decade.

This is more than double needed over the same period to achieve net zero power by 2035, the Government’s current target.

Analysis by Aurora Energy Research, founded by academics from the University of Oxford, for Policy Exchange, found that decarbonising the UK’s power grid by 2030 would cost £116 billion over the next 11 years.

TalkTV's Peter Cardwell is joined by Policy Exchange’s Iain Mansfield who says Net Zero can be met on a more “realistic timeframe” than Labour’s 2030 plans.

#netzero #labour #2030 #keirstarmer

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