Labour says it plans to cut energy bills by £300 by investing in renewable energy
ExplainedLabour has pledged to kickstart clean energy projects within months if elected to “turn the page” on the cost-of-living crisis.Labour’s six-point “first steps” policy includes a pledge to set up Great British Energy.
Labour says the Office of Budget Responsibility has warned that if the UK remains dependent on gas, families and taxpayers could see a repeat of the recent crisis.Starmer said: “Family financial security depends on energy security. “It’s time to move on from the Tories’ bone-headed opposition to clean energy, for which British families are paying the price.”: “The prize is huge, lower energy bills, good jobs, more innovative businesses, energy security and climate leadership.”
Sir Patrick said the UK’s rapid success in delivering a Covid vaccine offered a blueprint for how the Government, academia and industry could come together to speed of Britain’s clean energy transition. Labour has said it will overturn the ban “at the stroke of a pen”. The Tories said they already did this by updating planning rules last September but critics argued that the change did not go far enough to encourage applications.Some have raised questions about Labour’s claim that its plan would cut energy bills by £300.
The Conservatives have suggested that a move away from domestic oil and gas could lead to families paying more.
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