90% chance of new UK heat record
60% chance of breaching 40C
Live THREAD + couple of previews
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Energy bills are almost certain to feature tonight, so let's start by setting the record straight: 94% of the coming rise to £3,300 in October is due to soaring gas prices
(Here's a chart showing why pump prices are REALLY going up – it's all about expensive oil – the red bit – tax take is **falling** as share of cost of filling a tank)
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(Oh look – another chart I prepared earlier – high pump prices in the UK are directly correlated with and actually caused by international oil prices)
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Thin pickings on climate & energy so far. What have I missed? Candidates have missed a lot – eg tackling demand, in homes, in cars etc
It's quickest & cheapest way to save ppl money!
eg driving 10mph slower on mway cuts journey cost by same amount as halving VAT on fuel
8/
To repeat, the UK's almost certain to see an all-time heat record over the next couple of days and quite likely to see first-ever temps above 40C…
…and yet, nearly 30mins into #itvdebate they've not been asked about climate change (nor have any candidates mentioned it)🤯
9/
Climate Q refs red warning on extreme heat. Would you back down on net-zero target?
Mordaunt: Yes, but mustn't "clobber ppl"
Tugendgat: (doesn't answer yes or no)
Badenoch: If there are things that will bankrupt country, I will change them…I do believe in climate
10/
Truss: I back the net-zero target. Moratorium on green levy and "take it out of general tax" (pay from, presumably?)
Sunak: Yes, but not "too hard and too fast"
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(oops, in those tweets "yes" was yes they support net-zero – in case that wasn't clear!)
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Quick thoughts – on Badenoch holding out prospect of net-zero bankrupting the country, that's…bold
Latest @theCCCuk report said, with current record-high fossil fuel prices, UK could actually **save 0.5% of GDP** by going to net-zero
Each coal power station requires 3,800,000 tonnes of coal per year & emits 7,500,000 tonnes of CO2.
If they last 25 years, they require 95,000,000 tonnes of coal & emit 186,000,000 tonnes of CO2.
They're not environmentally friendly.
(Unlike Sophie I'll give workings)
I've assumed a 1GW power plant, generating 7.5TWh at 85% load factor
EIA says avg US coal plant used 1.1lb coal per kWh in 2021 (0.51t/MWh) eia.gov/tools/faqs/faq…
EIA says avg US coal plant emitted 2.23lb CO2 per kWh in 2020 (1t/MWh) eia.gov/tools/faqs/faq…
To generate as much electricity from onshore wind would require 2,100MW assuming 40% load factor (UK govt assumes 42% for new sites) gov.uk/government/pub…
Arcelormittal says ~150t steel per MW so that's 320,000t steel
Russia's invasion of Ukraine and sky-high fossil fuel prices "reinforce the case for a rapid transition away from fossil fuels", the CCC says, yet some are using it as an excuse to extract more or pause coal phaseouts
High fossil fuel prices are also "shifting the economics of decarbonisation", the CCC says, improving cost advantages of renewables, EVs and efficiency
Result? If high gas prices continue, meeting UK climate goals would *save 0.5% of GDP*