"The 2008 Climate Change Act commits Britain to cutting its CO2 emissions by 80 percent by 2050 at a cost of £18.3 billion every year for the next four decades (according to the Department for Energy and Climate Change website).
This is being funded by top slicing the cash from your energy bills. The figure does not include other costs, such as the losses incurred due to the economic damage and opportunity costs of these measures. And obviously the law only seeks only to address CO2 emissions from the UK.
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Happy Climate Fools' Day – Telegraph Blogs
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