By Paul Homewood
The CCC’s Sixth Carbon Budget also includes this gem:
Do they really believe that offshore wind costs will drop to £25/MWh, which is much lower than onshore wind costs at the moment?
It was only through this complexity that CCC was able to keep Net Zero’s cost down to one or two trillion odd.
Assuming a more realistic cost of £100/MWh, consistent with known construction costs, Net Zero’s cost would be more than £18 billion a year.