Peers on the Remainer-dominated Lords European Affairs Committee have savaged the three EU “dynamic alignment” deals due to be signed off at Burnham’s 20 November summit. The Labour rejoin project already wrecking Britain…
Ministers refused to give evidence at all before the summit, forcing peers into the “unusual decision” to publish without hearing from them. Guido is told this is almost unprecedented…
The key damning findings:
- Electricity deal benefit will be “small or even negative”: The committee says the net gain from joining the EU electricity market “could be small or even negative”, and lower wholesale prices could never reach bills. British taxpayers will pay more anyway…
- Extra £200-300 million a year for electricity deal
- Regional cash bill is unknown: Brussels wants a separate permanent payment towards its regional funds. Norway currently pays €90 per capita, the Swiss 350 million francs or £318 million a year. The Government is still “engaging to understand the EU’s proposal”…
- Impossible renewables target: The EU’s mandate wants Britain to match its target of at least 42.5% of all energy use from renewables by 2030. The UK managed 16.2% in 2024 and Labour is busy ditching its Clean Power 2030 goal…
- Subsidising Europe at £400: Octopus Energy’s Jack Pardoe said British bill payers could end up subsidising European households by £20 a year, or £400 with a renewables subsidy…
- Carbon price up: Linking to the EU carbon market would push up Britain’s carbon price, feeding into electricity prices. Peers say the costs to businesses and consumers could be “considerably greater” than the gains to British exporters…
- Steel tariff up from £30 to £150: Britain’s planned carbon border tax would charge around £30 a tonne on imported steel against £150 under the EU’s. Pricier imports from the rest of the world incoming…
- Farming could suffer 7-11% hit: A sudden switch to EU pesticide rules could knock 7-11% off total farm income.
- Gene editing curtailed: England’s 2023 Precision Breeding Act would be cut back. The EU’s looser rules don’t start until July 2028 and don’t cover animals at all…
- The fake £9 billion claim: The Government’s propaganda growth figure ignores compliance costs for firms that never trade with the EU, payments to Brussels and lost freedom to regulate.
- Minus £15 billion: The Growth Commission says aligning with EU food rules could cut GDP by £15 billion.
- 780 laws a year: The food deal alone could produce at least 780 pieces of EU law a year for Britain to follow.
- Trade deal clash: Witnesses warned EU food rules could breach CPTPP and the Australia and New Zealand deals, leaving Britain stuck between two sets of partners. The US, Britain’s biggest single-country trade partner, has already complained in writing…
- Business want to keep control: Over 70% of IoD members want Britain to keep the power to shape its own rules. Only a third of non-exporting firms think alignment helps them…
The reset a disaster in the making…
