John Rentoul’s Fake Cost Of Net Zero
June 3, 2025By Paul Homewood
There has been discussion in the media in the last few days concerning claims that Net Zero will only cost the UK £6 billion a year.
The claim originates from John Rentoul of the far left Independent, in response to Nigel Farage’s estimate of £40 billion. Needless to say, the claim is fake.
The big problem here is that successive governments have steadfastly refused to carry out any proper cost assessment whatsoever, so critics of Net Zero have no option but to make their own estimates.
Probably the nearest we got to an official costing was from Philip Hammond’s Treasury in or around 2019, which was in excess of a trillion pounds, £33 billion a year. Given inflation since, Farage’s figures do not appear unreasonable.
