politics Birmingham, United Kingdom
Conservative net zero cost estimate overstated by nearly £500bn
957BGBP
The Conservative policy document The Right Way stated that the Climate Change Committee’s 2020 net zero cost estimate was £957bn.
A Conservative policy document appears to have doubled a Climate Change Committee cost figure, stating that net zero would cost £957bn instead of the reported £478bn. The committee’s latest estimate is about £110bn.
1 sourceThe GuardianUpdated
Claims
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- 957BGBP
The Conservative policy document The Right Way stated that the Climate Change Committee’s 2020 net zero cost estimate was £957bn.
“the Climate Change Committee (CCC) estimated that its route to net zero would cost £957bn”
- 478BGBP
The Climate Change Committee figures cited in the report totalled £478bn.
“the figures in the report in fact total £478bn”
AllegedThe apparent spreadsheet error doubled the Climate Change Committee cost figure.
“thus doubling it”