… The article in the Independent carefully avoids mentioning the cost of energy, but you don’t have to look far for evidence that electricity prices are placing a lot of stress on British household budgets. Quite apart from devastating job losses which occur when energy intensive industries are forced to close, because they can’t compete with lower energy costs in other countries, Eurostat reports that electricity costs have surged from £0.121 / kWh in 2010, to £0.155 / kWh in 2015 (USD $0.23 / kWh), a rise of 28%.
A lot of British homes rely on gas for heating, this isn’t always the case, especially in isolated rural regions. In any case, the price of gas has also surged, from £0.035 / kWh, to £0.046 / kWh. Thanks to British hostility to fracking, British gas supplies and prices are vulnerable, to political instability in Russia, and to sudden cold snaps – Britain is on the end of a long supply chain of countries which quite reasonably place the needs of their citizens first.
What evidence is there that green policies are exacerbating this price spike? Willis did a compelling analysis in 2014, which shows a strong relationship between installed renewable capacity, and domestic energy prices. [See the link for graphic.]
British people are slowly waking up to the cost of green energy. For the British middle class energy costs are a serious annoyance. For the poor, rising energy prices are an unmitigated disaster. Adding to this burden, in the name of saving the environment, must be contributing to the ongoing surge in poverty related illnesses.