Responding to the Climate Change Committee’s latest report, co-leader Carla Denyer MP said:
“Last year fossil fuel giants Shell and BP made a total of £26 billion in profit – while ordinary people struggle every day to pay their energy bills, and the climate crisis takes its toll on communities across the UK.
“The Climate Change Committee’s latest report shows some movement in the right direction towards trying to keep us all safe, but the truth is we’re not moving nearly fast enough. Stalling progress means we all have higher bills in cold and leaky homes, while wildfires, extreme heat and flooding put lives and livelihoods at risk. The best time for action was years ago – the next best time is now.
“We need urgent action to bring down the cost of electricity more widely, to reduce household bills and keep us all safe from the growing threat from the climate crisis. Instead of handing fossil fuel giants a licence to keep profiting from climate destruction, or wasting money on slow and expensive nuclear projects, now is the time for a national push to roll out energy efficiency, heat pumps, solar panels and battery storage for our homes.
“Crucially, it’s time for the government to stop throwing money at the fossil fuel industry and instead make big polluters like Shell and BP pay up. Currently the government subsidises the fossil fuel industry to the tune of a staggering £17.5 billion per year – it’s time to pull the plug and put that money into lowering bills instead.”