Business Green

SEPTEMBER 8, 2022

The plan is to be reviewed next Spring, but the government indicated the price freeze could stay in place for up to two years with the price tag expected to reach up to £150bn. But others have warned that the approach could lock in higher than necessary prices for up to 15 years.

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Business Green

SEPTEMBER 6, 2022

And there were conflicting reports over the price tag attached to the new support package. Labour has called for an extended windfall tax on energy company profits to help fund a similar price freeze package. But critics were quick to warn that such an approach would be regressive and could lock in higher bills for years to come.

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Business Green

JANUARY 24, 2022

It is the kind of price tag that is bound to make treasuries baulk and climate sceptic newspaper editors salivate, but the report stressed that the benefits from building a global clean energy system would greatly outweigh the costs.

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Business Green

SEPTEMBER 23, 2022

Labour's Shadow Chancellor Rachel Reeves said: "The Chancellor has confirmed that the costs of the energy price cap will be funded by borrowing, leaving the eye-watering windfall profits of the energy giants untaxed. This will cause health problems for many and place more strain on the NHS and social care system.

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