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https://twitter.com/timbolord/status/1544932229226594305But we were concerned that was missing one of the key advantages of the CfD – i.e. using competition to drive down prices.
https://twitter.com/tom_sasse/status/15399707111706910751 - the nature of HMT isn't immutable. Over the last decade we've had a series of chancellors who wanted tight control of domestic policy and have/had a deep scepticism in the ability of active government policy to deliver growth. HMT has been very good at delivering for them.
https://twitter.com/beisgovuk/status/15113091779851509791: the letter focuses only on "new" (post-2019) evidence - and in doing so assumes the 2019 decision was the right one at the time.
https://twitter.com/Adam_Grant_Bell/status/1503710676837146625“Why should the government pay for it?”.
https://twitter.com/Will_McDowall/status/1481714430924800002*Assumes insulation continued at peak rate till all lofts/cavities insulated; only measures with short payback periods (~5yrs or less) included. Likely underestimate as based on savings at current price cap.
https://twitter.com/jbuckland13/status/1480791416393674752Green levies mainly pay for early renewables projects, and fall almost entirely on the electricity bill - meaning our lowest carbon form of energy faces the highest decarbonisation costs.
https://twitter.com/JavierBlas/status/1460977260471726088First problem is that many people will face a rise of much more than 40% year-on-year. Take this example:
https://twitter.com/Will_Tanner/status/14576494443636449291⃣The extent to which climate concern is embedded across the electorate (age, party affiliation, region etc) is striking – we found similar in our Polls Apart report in March.
https://twitter.com/DrSimEvans/status/1450205101604409345The good: focus on energy efficiency, electrification of heat and heat networks in 2020s is the right approach; some additional funding, focused on those on low incomes but with incentives for the (relatively) wealthier to switch; clear signal of intent to phase out gas boilers.
https://twitter.com/PickardJE/status/1449796063620214786Cost: a bit over £1.5bn per year.
https://twitter.com/BBCPolitics/status/14424555632924016711⃣ Today's commitment (left) is very similar in scale to that made in the 2019 manifesto (right), although it rightly has more emphasis on crowding in private investment. Hard for the left to argue that it's inadequate.
https://twitter.com/adbritton/status/1440856055399866373Those wanting to delay action argue it's all too hard / expensive so we shouldn't try. The obvious response to that is "don't worry, it's easy".