Reform UK would impose taxes on the renewable energy sector, under its plans to scrap the country’s net zero target, the party’s deputy leader Richard Tice has said. Tice argued net-zero policies were to blame for higher energy bills and deindustrialisation in the UK. He said renewable energy was a “massive con” and promised Reform would recover money paid in subsidies to wind and solar companies.
Tice suggested a “generation tax” and a “special corporation tax” would cover the costs of government funding for renewable energy. The party did not share further details about how the taxes would work in practice, including at what rate renewables would be taxed, or how much revenue would be raised.
Tice also announced plans to tax solar farms, and pass new laws to put energy cables underground rather than on pylons. Reform’s deputy leader said “we will scrap net stupid zero” if the party won the next general election.
The party’s position on energy and net zero contrasts starkly with that of the Labour government, which wants to remove nearly all fossil fuels from UK electricity production by 2030.
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