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A new “dash for gas” in the UK could raise consumer energy bills by increasing the cost of cutting the country’s carbon emissions, a think tank has warned.
Green Alliance said the UK’s first dash for gas in the 1990s was good for the country because it brought down carbon emissions and electricity prices as power generation switched from more-polluting coal to gas.
But the UK now has a slew of new gas plants, being built or planned, and a report from the think tank warns that they could lead to the UK missing its carbon targets for the 2020s.
Fitting gas-fired power stations with unproven technology to capture and “permanently” store emissions once they have been built, to cut carbon, could increase the cost of producing electricity for firms who will pass the extra cost onto customers. (TDT)