Comment on EAC report on fossil fuels and energy supplies

“With the price of fossil fuels the main driver of the cost of living crisis, many of these recommendations are no brainers – cheap wind and solar power are helping to limit bill increases now so a rapid roll out of more can only be positive. [2] Reducing energy waste from homes by upgrading insulation is popular and sensible, and demand for moving away from gas boilers is growing as people see their gas bills rise while alternative heating systems costs fall.

“There are also costs to not following the Committee’s recommendations; our analysis suggests that if the UK had adopted net zero technologies more rapidly in the past, households could have saved around £1,750 on energy bills last year [3]. And as the Institute for Fiscal Studies has pointed out, with the gas crisis set to continue until end of this year and possibly longer, the billions spent on bailing out billpayers makes the transition away from fossil fuels even more urgent; failing to do so is simply not sustainable.”