Media contributions
2Media contributions
Title Energy price cap: Zahawi urges people to cut back on use as charity warns bills could ‘wipe out incomes’ – as it happened Media name/outlet The Guardian Media type Web Country/Territory United Kingdom Date 26/08/22 Description Tackling the energy crisis will require a nationwide mobilisation effort similar to the Covid vaccine rollout, says professor Stefan Bouzarovski, expert in energy poverty at the University of Manchester:
The UK government must mobilise immediately, drawing inspiration from its European counterparts that have acted quickly and decisively.
Funds for such measures can be drawn, in part, by further taxing those who stand to profit from high wholesale energy prices, with the windfall tax introduced in May unlikely to go far enough.
“This support should not just be limited to fiscal policy, however. Policymakers must implement practical measures to help deal with the fallout of surging prices, such as collective energy service provision - or “heat banks” - for those unable to heat their homes.
Parallel to this, we must accelerate the rollout of energy efficiency measures across the country, to help protect us from future shocks of the same nature.URL https://www.theguardian.com/business/live/2022/aug/26/energy-price-cap-ofgem-cost-of-living-royal-mail-strike-business-live?page=with:block-6308860c8f080ba02dce782e&filterKeyEvents=false Persons Stefan Bouzarovski Title 6m households to have savings wiped out after energy price cap surge Media name/outlet The Telegraph Media type Web Country/Territory United Kingdom Date 26/08/22 Description
Reaction: Energy crisis needs national effort 'akin to vaccine rollout'
Professor Stefan Bouzarovski, an expert in energy poverty at the University of Manchester, draws a parallel between the energy crisis and the pandemic.
The latest increase to the energy price cap will have catastrophic implications not just for those already in fuel poverty, but for those categorised as ‘energy vulnerable’.
As a result, combatting this will require a nationwide mobilisation effort akin to that of the Covid vaccine rollout.
The UK government must mobilise immediately, drawing inspiration from its European counterparts that have acted quickly and decisively.
Funds for such measures can be drawn, in part, by further taxing those who stand to profit from high wholesale energy prices, with the windfall tax introduced in May unlikely to go far enough.
This support should not just be limited to fiscal policy, however. Policymakers must implement practical measures to help deal with the fallout of surging prices, such as collective energy service provision - or “heat banks” - for those unable to heat their homes.
Parallel to this, we must accelerate the rollout of energy efficiency measures across the country, to help protect us from future shocks of the same nature.
The problem is that, now Ofgem is reviewing the price cap quarterly, the cap will rise even higher in January.
Whichever of Liz Truss or Rishi Sunak is Prime Minister on September 5, they will have to go much further with support for the most vulnerable because, with winter on its way, things are about to get far, far worse.URL https://www.telegraph.co.uk/business/2022/08/26/energy-price-cap-bills-ofgem-live-news-ftse-100-markets/ Persons Stefan Bouzarovski
Research Beacons, Institutes and Platforms
- Energy
Keywords
- energy prices
- energy efficiency