Latest news with #EDMiliband
The Sun
01-07-2025
- Business
- The Sun
Fury as Ed Miliband's mad dash towards Net Zero will slap an extra £104 onto YOUR energy bills
ED Miliband's Net Zero crusade will slap an extra £104 on to household energy bills by 2030. Energy regulator Ofgem yesterday gave the green light to plough £24billion into making the country's power networks greener. It is part of an £80billion five-year scheme to overhaul electricity infrastructure, ensuring the grid is equipped to meet Net Zero demands. Taxpayers will foot the bill for 80 projects, which include boosting the number of power lines, cables and green tech. Ofgem said the splurge marks the biggest expansion of the grid since the 1960s. But the extra cost comes despite Energy Secretary Mr Miliband promising before the Election that he would cut bills by £300. Shadow Energy Secretary Claire Coutinho said: 'This reveals the true cost of Red Ed's plans — bills going up for families to pay for the massive expansion in the grid needed just to meet his Net Zero targets.' Ofgem chief Jonathan Brearley insisted ministers had 'no option' but to invest in 'critical national infrastructure'. He said: 'The sooner we build the network we need, and invest to strengthen our resilience, the lower the cost for bill payers will be in the future. 'However, this can't be done at any price, which is why we have built in cost controls and negotiated a fair deal for both investors and consumers.' Families can get FREE washing machines, fridges and kids' beds or £200 payments this summer – and you can apply now Unlock even more award-winning articles as The Sun launches brand new membership programme - Sun Club.
The Sun
24-04-2025
- Business
- The Sun
Ed Miliband slammed after claiming ramping up fossil fuel production would NOT cut Britain's energy bills
ED Miliband yesterday insisted drilling more fossil fuels will not cut bills — as his Net Zero policy was blasted by the US energy envoy. The Energy Secretary was ambushed by Trump official Tommy Joyce at his own London summit. 3 Mr Miliband insists increasing fossil fuel production would make no difference to energy prices here, which are four times higher than in the US. He has banned new North Sea oil and gas licences — while US President Donald Trump 's administration has vowed to 'drill, baby drill'. But Mr Joyce launched into an onslaught against Red Ed and Labour's green agenda. At the international energy summit, he said Net Zero efforts to halt global warming were restricting energy supplies and giving too much power to China. He told the conference: 'We oppose these harmful and dangerous policies. This is not energy security and we know exactly where it leads. 'These policies have been embraced by many, not just the US, and harm lives.' Mr Miliband had earlier dismissed calls to increase oil and gas production here. He told the BBC: 'Fossil fuels are not going to get us out of our energy bill situation. "There is only one answer, which is clean home-grown power which we control.' But Tory MP Nick Timothy told The Sun: 'Ed Miliband is clearly on another planet. ' He wants to stop drilling in the North Sea, but import the same oil and gas from the same seabed — from Norway. 'The Norwegians get the profits and the tax revenues, and we get the costs and the energy insecurity.' Reform UK's Richard Tice added: 'If we started our own domestic production of shale gas, we too would have much lower energy prices.' 3
