Families face £1,000-a-year bill as Government commits to reduce greenhouse gas emissions 80% by 2050 | Mail Online
Families face a £1,000-a-year bill after the Government committed Britain to cutting greenhouse gas emissions by 80 per cent before 2050.
The decision gives the UK the toughest climate change targets in the world and could usher in an era of green taxes and carbon rationing.
Government advisers admit that the shift to a 'low carbon' economy will cost around £24billion a year at today's prices. Divided among the nation's households, this works out at just under £1,000 extra per family.
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But Bjorn Lomborg, author of the Skeptical Environmentalist, said: 'It is an incredibly inefficient way to do virtually nothing. If the UK managed to cut carbon emissions by 80 per cent, it would mean postponing global warming by an order of less than a 500th of a degree. Is that really what the British population want to spend 2 per cent of its income on?'
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