Leaked documents highlight Net Zero costs, MPs criticize
A recent leak has revealed the significant costs of the UK's Net Zero plan, causing major political fallout. Critics in the Conservative Party argue that this evidence confirms their longstanding concerns about the potential economic impact of green initiatives. The leak, which came from a government impact assessment, suggests that achieving Net Zero by 2050 could threaten the economy and disproportionately affect low-income households. Tory MP Greg Smith highlighted these risks, stating that the costs of this green strategy could be unbearable. Tory business spokesman Andrew Griffith also criticized the Labour Party, demanding more transparency regarding their stance on the Net Zero target. Reform UK’s deputy leader, Richard Tice, called for the full report to be released, claiming the government had tried to keep it from the public. In response to the leak, the government attempted to play it down, labeling it as a summary rather than a comprehensive report. Labour leaders, including Sir Keir Starmer’s spokesperson, defended the Net Zero goal, arguing it will ultimately lead to job growth and lower energy bills for households. The UK has a legal commitment to reach Net Zero emissions by 2050, a target set during Theresa May's tenure as Prime Minister. However, Conservative leader Kemi Badenoch recently questioned the feasibility of this goal, stating it may no longer be affordable.