The Observer view on Rishi Sunak and rising energy bills Observer editorial

about 3 years in The guardian

The chancellor can and must do more in his next budget to save us from crushing fuel povertyFour-fifths of British homes are heated by gas and almost half of our electricity is produced by burning gas. British energy policy, in thrall to the notion that the market never makes mistakes and governments always do, has left us uniquely exposed to the more than doubling in gas prices first driven by Covid and now by the war in Ukraine.British households spent £36bn on gas consumption in 2021-22, according to energy consultants Aurora Energy Research. They project this will rise to £74bn in the next financial year 2022-23 – a rise of £38bn. Continue reading...

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