A damning new report blows apart Labour’s claim that renewable energy is “cheap” in the net zero crusade. The report, authored by Professor of Economic Policy at the University of Oxford, Dieter Helm, slams Ed Miliband as “deluded” for thinking the UK can reach net zero by 2030 and bring down bills by £300. Helm also points out:
Meanwhile, energy regulator Ofgem blamed wind farms for the energy price cap rise this morning, citing the increase in balancing costs – where the National Grid must pay to switch power plants on or off to keep the lights on – as a driving factor. Red Ed’s promise to bring down bills is just more hot air…
Home Secretary Shabana Mahmood introduced her speech on migration reforms at the IPPR:
“There’s no denying we meet at a difficult time for my party.”