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Climate Change Committee puts net zero cost near £110bn

Original: "The # ClimateChange Committee’s most recent analysis puts the expected cost of achieving # NetZero by 2050 at about £11

The UK Climate Change Committee's latest analysis estimates the cost of reaching net zero by 2050 at roughly £110bn, or about £4bn a year, equal to around 0.2% of GDP. The figure is being shared in British political debate, with a Guardian report suggesting Conservatives overstated the cost of net zero by about £500bn due to a spreadsheet error.

Why now: A reported £500bn overstatement of net zero costs by the Tories has reignited UK debate over the true price of climate policy.

Climate Change CommitteeConservative PartyUKThe Guardian

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