Richard Tice

Oh dear, oh dear. How desperately sad it is that the hon. Lady does not appreciate that the wholesale price of electricity, which some claim is driven by gas, is about a third, so it is not the majority—a third is less than 50%. The simple reality is that there is a direct causal link between the growth of renewable generating capacity in the last 20 years and the growth of our electricity prices to the highest in the western world. That is the reason that everybody is feeling so much poorer. It is as simple as that. All the advocates of the renewables industry cannot answer the question: when are the bills going to come down? The answer is: they are not going to. The Government can try to cheat by putting it into general taxation, but the simple fact is that, actually, costs are going to go up. We have heard, for example, that the cost of more contracts for difference is going to increase by £4 billion, £5 billion or £6 billion by 2030, and that the extra cost to the grid is going to increase by some £10 billion a year by 2030. Per household—which is how people will want to understand it—that equates to about £500 per year extra on the cost of living because of the costs of net zero. Everybody needs to understand that point, as they debate and vote on this issue. As we look to the future, having explained the history and the economics to those who do not seem to understand, we hear that the Secretary of State for Energy—he is rather absent at the moment; where is he?—wants to get rid of all our wonderful tumble dryers. No, no, we can’t have tumble dryers in the brave new world of the Secretary of State for Energy! Then we hear that, through this carbon budget, the Government want us to reduce our dairy and meat consumption by some 20%. We have had enough of this. We should vote against this ridiculous motion and scrap net stupid zero.