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Is this the right time to be introducing green energy?

The announcement just two days ago that the UK government is set to target ambitious renewable energy plans for future has left many in UK looking at upwards of a £200 a year increase in the cost of their energy supply. The government appears set to come down hard on the introduction of new coal powered power stations, which are large polluters of the environment, in favour of more consumer friendly options such as wind farms, nuclear energy, wave energy and other similar systems.

There is a feeling that the UK consumer is yet again set to be hit with increased charges all in the name of environment at a time when money has never been tighter. The government is potentially risking a serious backlash in the medium to long term as UK consumers have seen the cost of living in the country increase substantially over the last decade. So-called stealth taxes, those introduced on an indirect basis, have substantially pushed up the cost of living in the UK and with the public purse now in disarray many people are braced for further stealth taxes and tax rate increases.

The buy now, pay later culture of the UK government is set to hit UK consumers and UK taxpayers very hard in the future.

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