Reform UK's Policies on Environmentalism, Net Zero, and Energy
Wednesday, 05 June 2024
We have a detailed plan to overhaul current environmental and energy policies. This plan focuses on practicality, cost-effectiveness, and national interests. Here are the key points:
Scrap Net Zero and Related Subsidies Reform UK rejects the Net Zero target due to its immense cost. The estimated cost of achieving Net Zero in the UK is around £2 trillion. Reform UK's stance is that these funds could be better utilised elsewhere. By ditching Net Zero, the public sector could save approximately £20 billion annually over the next 25 years.
Eliminate Renewable Energy Subsidies Renewable energy subsidies cost the UK £10 billion annually. @Reform UK proposes equivalent taxes on these subsidies, arguing that renewables are not cheaper. The goal is to cut these subsidies, thereby saving significant tax payers money.
Promote Cheap, Secure Energy Reform UK advocates for the use of domestic energy resources. This includes:
North Sea Gas and Oil: Fast-tracking licences for exploration and extraction. Shale Gas: Granting licences for test sites for two years, followed by major production if safety is proven. The potential value of shale gas is hundreds of billions over 30 years. New Technology: Embracing clean nuclear energy with new small modular reactors built in Britain.
Key Savings and Benefits Scrapping Net Zero: saves £20 billion per year.
Cutting Renewable Energy Subsidies: Saves £10 billion annually.
Utilising Domestic Resources: Generates massive revenue and ensures energy security.
Reform UK's energy policy reduces taxes on energy harness domestic energy potential, and creates innovation in energy production.
These measures provide a secure and economically independent energy future for all of us in the UK.
Thank you Chris Farmer