OBR: Costs of continued gas reliance more than double that of reaching net zero

Michael Holder
clock • 8 min read
Credit: iStock
Image:

Credit: iStock

Remaining heavily reliant on fossil gas for power and heating poses huge fiscal and economic risk to the UK, warns the Office for Budget Responsibility

Continuing to rely on fossil gas for power and heating in the UK could pile hundreds of billions of pounds onto public debt by 2050, resulting in costs that are more than double the public investment required...

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