U.K.’s net zero dream costs taxpayers £800 billion – and it’s based on flawed promises

 Britain’s push to achieve net zero carbon emissions by 2050 has been revealed as a financial quagmire, with the Office for Budget Responsibility (OBR) warning that the policy will drain £800 billion ($1.08 trillion) from public coffers over 25 years. 

The costly transition, announced by the OBR on July 8, hinges on unrealistic assumptions about renewable energy costs and a steep erosion of tax revenue from fossil fuels. 

Critics argue the plan is both economically unsustainable and scientifically myopic, particularly as global rivals like China and India expand coal power.

The OBR’s findings highlight a paradox: While the government’s climate ambitions gain political traction, their economic consequences threaten Britain’s fiscal stability. The study underscores an inconvenient truth—net zero’s price tag may outstrip its benefits, particularly when measured against renewable energy’s scalability and global emissions trends....<<<Read More>>>...