M
Member
Speaking in the House of Lords on 28 January 2026
Debate
Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2026Contribution
Can the Minister say what the costs will be? He ably represented it as almost technical detail that we need not worry too much about, but I understand, particularly from the debate in the other place, that the pace that has been set is already adding over £100 a year—the equivalent of 12%—to the average cost of a household’s electricity bill. I cannot remember if the further increase would be £108 or £138, in another two, three or five years’ time. So is the cost at the moment an additional £100 a year on our household electricity bills—12% of the average—and is it set to rise? Can the Minister put a figure on that?
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