Carbon Brief

CCC: Net-Zero Will Protect UK From Fossil-Fuel Price Shocks

The Climate Change Committee’s new analysis shows that the UK’s net‑zero transition will generate average annual benefits of £110 billion between 2025 and 2050, outweighing its costs by 2029. A single fossil‑fuel price shock would cost the nation more than the total investment required to reach net‑zero. The report quantifies co‑benefits such as cleaner air, health gains and avoided climate damages, delivering a net present value of £1.58 trillion. Sensitivity testing confirms that even if low‑carbon technologies prove pricier, the economic case remains robust.