Climate-change policies are expected to cost Britain more than £80 billion by the end of the decade, as critics warn that the global-warming industry is spiralling out of control.
Vast sums are being spent on initiatives ranging from climate-change officers in local councils to the funding of “low carbon” agriculture in Colombia at a cost of £15 million alone. Billions of pounds are also being added to fuel bills to pay for green policies.
The full cost is contained in a study published on Monday by the Global Warming Policy Foundation, a think tank founded by Lord Lawson, the former chancellor.
Its analysis puts the cost to the British public of climate- change policies at £85 billion in the 10 years to 2021. More than half — about £47.6 billion — will have gone on funding green levies, such as subsidies for wind farms, added to consumer fuel bills.
A further £17 billion will have been spent by government departments and quangos, according to the study.
The rest — about £20 billion — will have gone to the European Union for global-warming initiatives.
Last month, the EU’s commissioner for climate action said that a fifth of the EU’s £805 billion budget from 2014 to 2020 would go on “climate-related spending”. Britain contributes about an eighth of the total EU budget.
Benny Peiser, the foundation’s director, who compiled the report, said: “The public has absolutely no idea how staggeringly costly and excessive the Government’s climate initiatives are. Even we were shocked when we discovered the astronomical funding streams and added them up.
“Britain’s climate policies combine to a mind-boggling amount of subsidies and departmental spending, which will drastically increase in the next few years.”
Unfortunately the UK is not the only country where the taxpayers have to pay for this madness. Time for voters to support parties/candidates who oppose it.