Green levies now make up a significant proportion of energy bills. Restrictions on new North Sea developments and a windfall tax are likely to have combined to drive up energy bills further at a time when the post-Covid rebound and war in Ukraine had already sent them soaring. Progress on environmental aims may have been aided by the failure of successive governments to build homes and lockdowns, but those policies have themselves wrought enormous harm on the UK economy. It … read more »
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