Gas prices MUST increase to cover cost of climate change - radical proposals outlined

Gas prices MUST increase to cover cost of climate change - radical proposals outlined

Nation, Politics

12/3/2021 9:51:00 AM

Gas prices MUST increase to cover cost of climate change - radical proposals outlined

THE UK GOVERNMENT has been told to raise the price of gas in order to reflect the costs of climate change, as radical proposals are outlined.

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More infoThe Climate Change Committee (CCC) said that, without a levy on fossil fuel heating, the Government is effectively subsidising it. Currently, electricity is artificially expensive, as almost a fifth of the domestic cost is made up of levies funding decarbonisation projects, as well as subsidising energy for poorer households. On average, households currently spend £159 on green levies.

Related articlesOh dear Keir! John Curtice exposes fatal flaw for StarmerHowever, when it comes to fossil fuels, just two percent of the price comes from these costs.Domestic energy bills also have a reduced rate of VAT, with householders paying five percent rather than the usual 20 percent. headtopics.com

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This comes after the government signed the Glasgow Pact last month, which requires countries to phase out"inefficient fossil fuel subsidies".The pact was signed after the leaders of almost 200 countries reached a consensus at COP26 after two weeks of talks.

The government has been told to raise the price of gas in order to reflect climate change(Image: Getty)The CCC said that without a levy on fossil fuel heating the Government is effectively subsidising it(Image: Getty)All countries agreed to revisit and strengthen their current emissions targets to 2030 in 2022.

This will be combined with a yearly political roundtable to consider a global progress report and a Leaders summit in 2023.Speaking after the pact was signed, COP26 President Alok Sharma said that the agreement would"keep 1.5 degrees alive".

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He said:"We can now say with credibility that we have kept 1.5 degrees alive.READ MORE: The UK government signed the Glasgow Pact at COP26(Image: Getty)COP26 President Alok Sharma said that the agreement would 'keep 1.5 degrees alive' headtopics.com

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BT sets target for a quarter of staff to be non-white📈BT is aiming to more than double the share of its workforce from non-white backgrounds to 25pc by 2030, becoming the biggest British employer so far to impose such a target and going further than others Disgusting. The UK is 86% white. Why would you pick people on skin colour? So they are racist then, why is this not flagged as such? That’s discrimination at its worst. No more best person for the job then What as the UK become, colour, race, religion gender etc doesn't matter it should be simply can the person do the job do they want the job. It would be counter productive to employ to say ' look at what we've done'

Woodside’s new Western Australian gas project ‘a bet against’ global 1.5C goal, report findsClimate Analytics says Scarborough project’s emissions expected to be 1.37bn tonnes of CO2, which would slow push to reach net zero For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️