Laith Whitwham
UK climate and industrial policy at E3G, Co-Founder af the BAME Climate Professionals Forum, and part-time (very) amateur ceramicist.
- Today a coalition of 17 businesses, investors, trade bodies & climate orgs wrote to the Chancellor urging the UK gov to remove policy costs from #electricity bills. The public letter 👇 is a bold show of support across the board from 'green' groups to the private sector. www.e3g.org/news/cut-ele...
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View full threadWe say it makes far more sense to pay for these via taxation, where costs are recovered progressively. This will free up business capital to #invest in #electrification and #EnergyEfficiency, and free up cash for low-income households, who are disproportionately affected by the current model.
- Read the full letter, signed by @e3g.bsky.social and 16 others, here: www.e3g.org/news/cut-ele...
- Why are we asking for this? High 🇬🇧 power prices are a massive burden for households, especially on low incomes, make it difficult for UK industry to compete internationally, and deter investment into new, #CleanIndustry. Removing #PolicyCosts is a fast and fair way to reduce those prices.
- What are policy costs? Generally things to help incentivise #CleanEnergy (if you've got #solar you may have had a Feed in Tariff). Invaluable schemes that helped scale-up #wind and solar, but paying for them via electricity bills is regressive and disincentivises the switch from gas to clean power.
