Tuesday, 18 October 2011

Ditch climate targets or forget cheaper bills, bosses tell ministers

Ministers' obsession with green taxes is driving up energy bills, bringing financial pain to millions of families, it was claimed last night.


Business groups demanded cuts in fuel prices be given a higher priority than meeting EU targets to reduce carbon emissions.


But the Government energy summit yesterday offered no hope that struggling families and businesses will be offered lower energy bills this winter.


Both Energy Secretary Chris Huhne and British Gas managing director Phil Bentley admitted that price rises were here to stay.


The ‘big six’ energy giants have increased tariffs by 15 per cent-plus in recent weeks, raising the average annual dual fuel bill by around £175 to £1,345.


This figure is inflated by around £100 to cover a raft of green taxes and associated charges, which are set to soar in the next decade. Mr Huhne is the chief cheerleader for the charges, which are being used to fund a £200billion shift to wind, wave, solar and nuclear power.