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Green target 'to hike fuel bills'

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UK households could see their annual energy bill rise 20% to pay for the cost of meeting the EU's 2020 emissions target, Ernst & Young has predicted.

The accountancy firm's report estimates that the UK would have to stump up £100bn for the capital investment needed to satisfy Europe's green goals.

The report, called Costing the Earth , says UK households could not easily afford higher energy bills at a time of record food and fuel bills.



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This page contains a single entry by Nishikant published on June 30, 2008 11:50 AM.

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