Why the new Green Energy bill will impact us ALL

The Property Nomads Podcast

Rob examines the complexities of green energy policy and its implications for individuals and property investors in the UK. Emphasising the need for a cleaner and greener environment, the discussion highlights the potential economic burdens that may arise from the government's aggressive decarbonisation goals by 2030.

KEY TAKEAWAYS

• The current green energy policies in the UK are viewed as unsustainable and potentially harmful to the economy, leading to higher energy bills for households and property investors.
• The goal to decarbonise the electricity grid by 2030 is seen as unrealistic, with significant changes required that may not be suitable for the population, potentially resulting in increased costs.
• Nuclear energy is presented as the cleanest and most reliable baseload energy source, necessary for achieving a greener grid, especially as wind and solar are intermittent and cannot solely meet energy demands.
• The push for green energy and the associated subsidies will ultimately lead to increased standing charges and energy prices, affecting lower-income households the most and creating a cycle of financial strain.

BEST MOMENTS

"What the government in the UK are trying to do is not sustainable and not suitable, and it really is making us all poorer."

"To decarbonise the electricity grid in five years is, in my opinion, not good."

"Nuclear really is the answer... if you want a greener grid and an abundance of electricity, nuclear is the way forward."

"We're making ourselves poorer by design... all of those investments, all of those subsidies get passed along to us through a standing charge."

"When you tell them it's gonna cost them hundreds and possibly thousands of pounds per person, that's when you're gonna get resistance."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/new-green-energy-bill-warning-amid-threat-of-120-rise/ar-AA1v8w07?ocid=winp2fptaskbar&cvid=f5ffd35f0a5e4935b1341555a0bc4b46&ei=9

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