Energy independence falls short if bills keep rising
Britain doesn’t have the luxury of getting energy policy half right.
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The Government’s proposed Energy Independence Bill, set out in the King’s Speech, points in the right direction. Homegrown power, faster clean energy, and a new “golden age” of nuclear are all welcome.
But intent isn’t enough. The question is whether ministers will match their ambition to the scale of the challenge. Because the reality facing households tells a very different story.
In July, the Ofgem price cap is set to rise again. Petrol prices have surged. Food costs are climbing. For families already hit by years of energy shocks, this isn’t a policy debate - it’s a cost-of-living crisis.
Ukraine and Iran didn’t create Britain’s energy problem, they exposed it. We’re still too exposed to unpredictable fossil fuel prices, while........
