Campaign to highlight the serious economic and societal implications of expensive and poorly considered climate and energy policies #CostOfNetZero

Joined September 2014
16,025 Photos and videos
Net Zero Watch reposted
🚨NEW: Ed Miliband has just quietly announced the prices he is willing to pay in his next wind auction. And it's not good news... He has said he is willing to hand developers contracts that pay up to £120/MWh in today's money for offshore wind... £97/MWh for onshore wind... And an eye-watering £390 for wave and tidal. For context, the electricity price was £72/MWh on average when Labour came to power just two years ago. There is no way they can meet their promise to cut energy bills by £300. The prices for intermittent renewables are not getting any cheaper - and on top you need to add on the cost of paying wind farms to switch off when it's too windy, the £100 billion to connect power generated hundreds of miles from where it’s needed, and expensive backup needed for when the wind doesn’t blow. All of those extra costs are already driving up your electricity bill. Ed Miliband should pause this auction until he finishes the work I started in the Department to calculate the true cost to the consumer of a renewable-dominated system. Our absolute priority must be to MAKE ELECTRICITY CHEAP!
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The next prime minister ‘must make energy as cheap as possible’ to revive the economy, says Tony Blair’s think tank, as they urge Burnham to tear up Labour’s flagship 2030 net-zero target. Everyone can now see Net Zero is economic suicide.
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In 2020 Australia’s biggest super fund announced a major policy update: their investment portfolio would be subject to a net zero carbon emissions target in line with the Paris agreement, and they dumped their holdings in Whitehaven Coal. Fast forward to 2026 and AustralianSuper is now the single biggest investor in Whitehaven, and a major shareholder of oil and gas company Woodside Energy. Net Zero meets economic pragmatism. #CostOfNetZero
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Soaring energy bills funding Ed Miliband’s net zero push risk triggering factory shutdowns and job losses, warns a new industry report by Make UK. Net Zero energy prices are decimating British industry.
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One of Labour’s most senior MPs on energy has opened the door to lifting the party’s ban on new oil and gas drilling licences in the North Sea. Bill Esterson, who chairs the Commons energy security and net zero committee, suggested that a “change of approach” by the Government may be needed. His comments put him at odds with Ed Miliband, the Energy Secretary, who has consistently dismissed demands for a rethink on Labour’s ban on new drilling licences in the North Sea. #CostOfNetZero
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North Sea operator EnQuest has told staff at its Sullom Voe Terminal (SVT) in Shetland that 25% of jobs at the site are at risk. We’ve destroyed our oil and gas industry. Net Zero means zero jobs.
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Mark Carney has backed a major new £23bn oil pipeline project, as the former net zero champion pivots his country back towards oil and gas. The Canadian PM said the 620-mile pipeline, would allow Canada to ramp up energy exports to Asia, saying “We can’t afford to restrain the growth of an important part of our energy mix – oil and gas – to meet a short-term goal.” As governor of the Bank of England from 2013 to 2020, Carney was a major figure in driving the financial sector towards net zero. #CostOfNetZero
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In last week’s @spectator podcast, the panel discussed the green blob’s vested interest in Britain pursuing Net Zero. “If we have very high commercial energy costs… it weakens us strategically.”
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“Lockdowns could have been designed as a real-world test of the anthropogenic CO₂ climate theory. And the theory failed the test. Atmospheric CO2 rose as normal, and average global temperatures also rose in 2020. This remarkable real-world falsification of the anthropogenic climate theory ought to have been treated as excellent news, as it indicates forecasts of a forthcoming ‘climate catastrophe’ are wrong. But it received zero public attention and little comment from ‘climate scientists’.”Professor Michael S. Northcott #CostOfNetZero
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Net Zero Watch reposted
Communities like this don’t just Back British Farming. They live, breathe and survive on British Farming.
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Net Zero Watch reposted
Ed Miliband and Labour MPs will cheer as the last factory shuts in Britain. Their idea of climate leadership is to kill British production with climate taxes, and import back those same goods from coal-powered China. This is mad. We have to change course.
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Net Zero Watch reposted
Ed Milliband should be getting tried for treason, not getting promoted. He is destroying all of our industries and everyone from the unions to the CEOs agree that he should go! My recent speech at Aberdeen council. #scotland #unitedkingdom #climatechange #netzero
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Net Zero Watch reposted
Good video from @kafkaswife. Net Zero perfectly illustrates how so-called “bullshit jobs” can exist inside the private sector while still be a product of government. The government creates a statutory target and then builds an entire reporting and compliance regime around it. Firms then hire people to do measurement, prepare disclosures, interpret regulations, manage political risk and engage with policymakers and “stakeholders”. In a previous life I saw how it changed the role of marketing and corporate communications. They are no longer used simply to explain products / services, build demand, win customers or defend their company’s long term commercial interests. Instead, they are used to make compliance look voluntary, turn statutory obligations into statements of corporate purpose and present alignment with official priorities as if it were a sincerely held corporate belief. These roles might sit inside the private sphere, but their “demand” ultimately comes from Net Zero’s regulatory framework rather than from consumers or clients voluntarily buying goods and services. x.com/WatchInvert/status/207…
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