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During the 2024 UK general election campaign, politicians and newspapers have used a series of “scary-sounding numbers” to mislead voters about net-zero.

While some of the numbers are accurate in isolation, they have been used in false or misleading ways, shaved of context and typically designed to exaggerate the cost of cutting emissions.

Current prime minister Rishi Sunak, his energy secretary Claire Coutinho and a string of right-leaning newspapers have all been guilty of this approach.

The most common tactics for misleading voters about net-zero include: focusing on the cost of action without mentioning the cost of business-as-usual; mentioning the costs of cutting emissions but not the benefits; and omitting the costs of failing to tackle dangerous climate change.

Below, Carbon Brief factchecks a series of claims made around the election campaign, each of which involves a big number about “costs”. The article explains who made each claim, where the relevant number came from – and the missing context that makes the claim false or misleading.


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MISLEADING

Hundreds of billions

“We’ve just found a recording that they have put out there from the deputy chancellor from the Labour Party admitting that their [climate] plans will cost hundreds of billions of pounds.”

Rishi Sunak during BBC leaders’ debate – 26 June 2024


Where it comes from

In what appears to have been a coordinated move, Sunak attacked Labour’s net-zero plans during the final leaders’ debate hosted by BBC News, by citing an article published online the same evening in the Daily Telegraph. The article, which appeared on the newspaper’s frontpage the following morning, is based on public comments by Labour’s Darren Jones in March 2024 about the cost of reaching net-zero emissions by 2050, which is also government policy. The target was legislated in 2019 under Conservative former prime minister Theresa May.

What it excludes

Sunak misleads voters by omitting the fact that his own government – as well as the Conservative manifesto – also support the net-zero by 2050 target. He also ignores the costs of inaction on climate change and the evidence that accelerated action would yield significant economic benefits.

In 2019, the Climate Change Committee estimated that the net cost to the whole economy of reaching net-zero by 2050 would amount to £1.4tn, offset by savings from lower fossil fuel bills of £1.1tn. As set out by the Office for Budget Responsibility (OBR) in 2021, this amounted to a net cost of £321bn over nearly 30 years – consistent with the “hundreds of billions” cited by Labour’s Darren Jones. Furthermore, the OBR estimated that only a quarter of the costs of reaching net-zero would come from public spending and that delaying action towards the target could double the overall cost to the UK. It added that failing to act on climate change would have far greater impacts on the economy and public finances, concluding: “Unmitigated climate change would ultimately have catastrophic economic and fiscal consequences.”

In a 2023 report, the OBR found that continued reliance on gas could be more than twice as costly for the exchequer as reaching net-zero. Separate analysis for trade group Energy UK concluded: “[A]n accelerated transition [to net-zero] could boost the UK’s economy by £240bn in 2050 more than current trajectories…Under the most ambitious scenario, the GDP of each area of the UK would be 5.4%-7.5% greater in 2050 than under the current trajectory.”


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FALSE

£116bn

“Labour are still not being honest about the costs of their energy policy. Independent energy experts have warned that Labour’s 2030 target would need an extra £116bn of investment, which means one thing…higher taxes for millions of Brits.”

Claire Coutinho tweet – 25 June 2024


Where it comes from

The figure is based on analysis by consultancy Aurora, which said a total of £116bn would need to be invested during 2025-2035 to reach Labour’s 2030 clean power target. This works at an average of £10.6bn per year, according to Aurora.

What it excludes

The current secretary of state’s phrasing is false. The same Aurora analysis said a total of £105bn would need to be invested during 2025-2035 to meet the government’s own target of clean power by 2035, averaging £9.5bn per year. As such, the “extra” investment is only £11bn over 11 years, or £1bn a year.

Coutinho’s claim that higher investment would mean higher taxes is also false, as electricity sector investment is predominantly from the private sector and paid for via bills. Moreover, Aurora has said, based on the same analysis, that consumer energy bills would be lower under Labour’s 2030 target than under a 2035 clean power goal – or under the current, less ambitious trajectory. Aurora said: “Either scenario will be highly challenging to implement, stretching the limits of deliverability. However, if delivered, increased investment could lead to lower total system costs once the long-term savings from lower gas consumption are included.”


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FALSE

£30bn

“Ditching Net Zero could save the public sector over £30bn per year for the next 25 years.”

Reform manifesto – 17 June 2024


Where it comes from

Reform, a climate-sceptic party led and majority owned by Nigel Farage, offers almost no information on how it arrived at this figure. According to the OBR, public-sector spending on net-zero is estimated at around £8bn per year. The only other number mentioned by Reform is for renewable energy subsidies, which it puts at £10bn per year. These are paid by consumers, not the government, such that scrapping them would not save the public sector any money. Instead, Reform proposes to tax renewables by an equivalent amount, which would likely end investor confidence in the UK across the board.

What it excludes

Reform is claiming, implausibly, that the government could save more than it currently spends. It also focuses on the costs of reaching net-zero while ignoring benefits, as well as the cost of business-as-usual. The CCC has estimated that reaching net-zero will entail net investment costs of £44bn per year out to 2050, offset by operational cost savings of £29bn per year, with the annual cost in total averaging £15bn. This excludes wider GDP impacts: the CCC said that the size of the economy, the number of jobs and real disposable incomes would all grow under a net-zero pathway. The CCC’s monetary estimates also exclude the cost of climate impacts, the sizeable health benefits of improved air quality and other externalities. The IEA recently concluded that accelerating climate action towards net-zero “could lead to major reductions in household energy bills”, again purely looking at economic costs and benefits. According to the OBR, the UK government spent £51bn on energy bill support during 2022-23, after gas prices rocketed.


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FALSE

£2tn

“The UK cost of net-zero has been estimated by the National Grid and others at some £2tn or more. It is so big that no one really knows.”

Draft Reform manifesto – 19 March 2024


Where it comes from

In 2020, National Grid Electricity System Operator (ESO) estimated the cost of building and operating a net-zero energy system at a cumulative total of £2.8-3tn by 2050. This is the total cost of building and operating the country’s energy system for 30 years.

What it excludes

The Reform statement is false. The same National Grid ESO report said: “Scenarios where we hit net-zero in 2050…incur broadly the same costs as the scenario where we miss our net-zero target.” As such, based on the National Grid ESO analysis, there would not be any additional cost to hitting net-zero relative to running an energy system that does not meet the target. Moreover, in 2021, the Treasury stated: “The costs of global [climate] inaction significantly outweigh the costs of action.”


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FALSE

£2.8-3tn

“National Grid ESO, the company which manages our electricity supply, has estimated decarbonising Britain’s entire energy system will cost between £2.8tn and £3tn between now and 2050, working out at between £108bn and £115bn a year.”

Sun comment by Ross Clark – 23 June 2024


Where it comes from

In 2020, National Grid Electricity System Operator (ESO) estimated the cost of the country’s energy system at a cumulative total of £2.8-3tn by 2050. This is the total cost of building and operating the energy system for 30 years.

What it excludes

The climate-sceptic columnist’s statement is false. The same National Grid report said: “Scenarios where we hit net-zero in 2050…incur broadly the same costs as the scenario where we miss our net-zero target.” As such, based on the National Grid ESO analysis, there would not be any additional cost to hitting net-zero, relative to running an energy system that does not meet the target. Furthermore, the £108-115bn annual cost cited by Clark can be compared with the £265bn spent by UK consumers on energy in 2022 – when fossil fuel costs spiked due to Russia’s invasion of Ukraine – including more than £100bn on imported oil and gas alone. These 2022 figures did not include investment in new infrastructure.


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FALSE

£1,000

“[R]estoring the 2030 ban on the sale of new petrol and diesel cars will cost an estimated extra £1,000 per household per year from 2022 until 2050.”

Sunday Telegraph article and editorial – 15 June 2024


Where it comes from

The Sunday Telegraph article and accompanying editorial are based on a dossier compiled by free-market thinktank the Institute of Economic Affairs, which, in turn, cites a 2022 report published by consultancy the Centre for Economic and Business Research (CEBR). The CEBR work was funded by Fair Fuel UK, the motoring lobby group run by climate-sceptic Reform candidate for London mayor Howard Cox. The newspaper omits this detail from its article.

What it excludes

The Sunday Telegraph claim is false, because the underlying report from CEBR makes the “simply perverse” assumption that the relative cost of petrol and electric vehicles (EVs) is unchanged for the next 30 years. The assumption that EVs will continue to face a purchase price premium over petrol cars is directly contradicted by the evidence of falling costs, including recent data showing that EVs are now close to up-front price parity in the UK. The Climate Change Committee (CCC) concluded that an earlier combustion-engine car ban would deliver £6bn in cost savings, because EVs have much lower running costs than petrol cars, again directly contradicting the CEBR and Sunday Telegraph claims. When Sunak delayed the combustion-car ban from 2030 to 2035, the CCC said this was “likely to increase…motoring costs for households”, adding that EVs were “significantly cheaper than petrol or diesel vehicles to own and operate”.


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TRUE

£265bn

“The UK spent a staggering £265bn on energy in 2022 – the most recent data available – including more than £100bn on imported oil and gas alone”

Tweet by Carbon Brief’s Simon Evans – 8 February 2024


Where it comes from

This is the cost of energy – the majority of it being fossil fuels – bought in the UK in 2022 at market prices, reflecting the cost to consumers of heat, power and transport fuel. The data was the most recently available at time of publication and covers the first year of Russia’s invasion of Ukraine, when Russia restricted gas supplies to Europe and sent fossil fuel prices rocketing. In the pre-crisis year of 2021, the UK spent £184bn on energy.

What it excludes

These figures do not include investment in energy-related infrastructure, such as power plants, pylons, boilers, cars or heat pumps. Many conversations about the cost of reaching net-zero ignore the substantial costs of the status quo, which is heavily reliant on volatile fossil fuels.

The post Factcheck: How ‘scary-sounding numbers’ are being used to mislead the UK about net-zero appeared first on Carbon Brief.

Factcheck: How ‘scary-sounding numbers’ are being used to mislead the UK about net-zero

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How Oil Fuels Conflict and War—and Who Profits

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A future powered by clean energy would be not only more affordable, but potentially more peaceful.

From our collaborating partner “Living on Earth,” public radio’s environmental news magazine, an interview by host Steve Curwood with Michael Klare, an emeritus professor of peace and security studies at Hampshire College.

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Signify: “We believe resilience is becoming more important to businesses right now”

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In a Q&A with Climate Home News, the head of sustainability at global lighting company Signify explains how the firm is doubling down on its efforts to protect the climate and strengthen resilience.

In March, Signify launched its latest corporate sustainability programme, “Brighter Lives, Better World 2030”.

The programme is the third iteration of a project that started in 2016, aimed at shifting how the company – and its customers – can reduce their environmental impact.

It centres on enhanced targets to improve energy efficiency, cut greenhouse gas emissions and promote the circular economy. In addition, Signify has set itself a challenging goal to source 41% of its revenue from solutions “that support benefits beyond illumination” by the end of 2030, up from 31% in 2024. Those benefits include efficient food production and increased access to solar lighting.

Signify is aiming to save 60 terawatt hours (TWh) of electricity for its customers; achieve a 35% reduction in the CO2 emissions intensity of its portfolio; and grow its circular product business from 10% to 27.5% of revenue.

Climate Home News spoke with the company’s global head of sustainability, Maurice Loosschilder, to find out how the Netherlands-based multinational plans to reach its targets despite a tough political landscape for green action.

Q: How does Signify’s new sustainability programme build on lessons learned from previous versions?

A: If we look back a little bit, it is a natural next step. Signify [formerly Philips Lighting] became a standalone company roughly 10 years ago and in 2016 we launched our first “Brighter Lives, Better World 2020” programme at the same time.

The first programme mirrored developments in the lighting industry and was very much based on our own operations: reaching 100% renewable electricity, zero waste to landfill in our manufacturing facilities, increasing the energy efficiency in our own portfolio.

Since then, we’ve moved on to think about our entire value chain and the wider social contributions we want our work to be making. But we still want to be thinking about how to improve our own business. Our continued target to double the amount of women in leadership positions is an example of that.

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Q: Looking at the political climate, both in the US and Europe, there isn’t the same concern for environmental issues as there was a few years ago. Many corporates are perceived to be rolling back on their environmental commitments. How are you as a company navigating some of these challenges?

A: This is not something new. If we look back on the last five to 10 years, we’ve seen a lot of disruption and change in the market. We’ve had a global pandemic, supply chain disruptions, energy insecurity. At the same time we’ve seen the increased impacts of climate change and all of that is changing the dynamics of doing business right now.

I think these changes have really tested resilience – the resilience of companies, the resilience of people, the resilience of societies. We really believe that resilience is becoming more and more important to businesses right now. And if you look at what a resilient company is, it is one that decarbonises faster, invests in people, invests in circular solutions and makes its business model more circular. And that’s exactly what we have focused on. It’s about making sure we can cope, and help our customers cope, with changing market circumstances and the geopolitical tensions we see in the world.

Q: Turning to your own commitments, do you feel you have set the right balance between ambitious and achievable?

A: Yes, we strongly believe this programme is the right one for us and our customers, and has been informed by a thorough double-materiality assessment. It is built on three pillars: benefits beyond illumination, energy efficiency and resource efficiency. These are supported by new initiatives, such as Signify Circle, which will support professional customers with their circular economy ambitions.

If we just look at the first pillar, it’s about the positive impact that lighting brings, in terms of productivity, in terms of safety, in terms of food availability, health and well-being, and now we have added solar in there. This is what we mean by “benefits beyond illumination”.

A nurse is pictured in a private health clinic lit by solar power from a micro-grid in a rural village in Nigeria’s Nasarawa state, September 2022 (Photo: Megan Rowling)

A nurse is pictured in a private health clinic lit by solar power from a micro-grid in a rural village in Nigeria’s Nasarawa state, September 2022 (Photo: Megan Rowling)

Q: If we take one of your targets to save 60 TWh of electricity for your customers, that seems quite hard to work out. Do you find data availability to be an issue?

A: Data is a challenge in sustainability, but we have been measuring our avoided emissions for years, so we know the data requirements behind it. We’ve done all our homework and with that we have set this target.

The 60 TWh figure is about the annual electricity usage of Switzerland so it is a substantial amount. But it also reflects the role that lighting plays in general. If you look at a typical city, street lighting alone accounts for about 40% of electricity use. So the potential is enormous.

The International Energy Agency reports that about 8% of global electricity use comes from lighting, and this translates into 2% of global greenhouse gas emissions. That’s really significant and why the opportunity here is so big.

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Q: How has the new programme been informed by the UN’s Sustainable Development Goals (SDGs)?

A: Our strategic compass is the Sustainable Development Goals. We committed to six SDGs in the previous programme. The new one has been expanded to cover eight and we conducted a mapping exercise for each of the commitments. I’m hoping that, by the end of this programme, we will see a new version of the SDGs to replace the current goals when they expire in 2030. We remain committed to making our contribution to the SDGs.

Q: Are you seeing higher demand for circular products? What is it that attracts businesses to that option?

A: Yes, we do see an increased demand. For example, we see greater interest in “remanufacturing”, which is a circular business model where we take down the lighting, send it back to our manufacturing site, and upgrade it to the latest technology, but keep the majority of the hardware intact.

I think customers are becoming more and more aware of the fact that regulation is pushing resource efficiency on businesses. And in some countries we see incentives to use circular products, and penalties around sending certain material to landfill. More businesses are becoming aware of this and we strongly believe there is a market for circular products.

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Q: Do you have customers that are facing real resource pressures, in terms of scarcity, increased costs or supply chain constraints that are making them think more about circular issues?

A: The whole market is currently impacted by geopolitical tensions and the disruptions that come as a result. Light as a Service, for example, could be a way for businesses to de-risk because there is no capital expenditure involved. Customers see real value in only having to pay to keep it running.

If we look longer term, then resource and material efficiency is something the whole world should be thinking more about. How can we decouple economic growth from the increased use of natural resources? We believe the circular economy is the answer.

This interview has been shortened and edited for clarity.

Adam Wentworth is a freelance writer based in Brighton, UK.

The post Signify: “We believe resilience is becoming more important to businesses right now” appeared first on Climate Home News.

Signify: “We believe resilience is becoming more important to businesses right now”

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How the Rush to Mine the Metal of the Future Echoes America’s Colonial Past

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Companies have staked claims for more than 100 lithium-mine projects. Tribes are among the most affected.

This investigation was reported in collaboration between Inside Climate News and Columbia Journalism Investigations.

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