Monday 26 November 2012

Energy Bill: Green power proposals could add £100 to annual electricity bills

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The government will commit an increased £7.6billion a year to green power generation under the new Energy Bill set to be introduced next week.

An estimated £110billion is needed over the next ten years to overhaul the UK's ageing electricity infrastructure, with costs to the consumer set to triple from the current £2.35billion annual outlay.

Environmentalists joined opposition MPs in criticising the announced changes, citing the government's failure to commit to concrete plans to cut harmful carbon emissions by 2030.

Meanwhile Labour described it as 'humiliating failure by the Liberal Democrats'.

Read more: http://www.metro.co.uk/news/918804-green-power-proposals-could-add-100-to-ann...

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