According to a think tank, net zero ambitions will cost families more than £6,000 each year until 2050.
Britons will face “significant cost increases” in the quest to decrease carbon emissions, according to the Civitas analysis.
The report’s author, Ewen Stewart, described it as “a highly expensive exercise with no obvious benefit to the public or the climate, given that the UK is responsible for less than 1% of all global emissions.”
Despite the Prime Minister’s recent announcements, the cost of reaching net zero is expected to exceed £4.5 trillion by 2050.
This sum is more than three times higher than the Climate Change Committee’s estimate of somewhat more than £1.3 trillion.
Mr Sunak stated last week that he would be watering down several climate initiatives while still seeking to achieve net zero emissions by 2050.
According to the Civitas analysis, over 200 countries have made net zero promises, but only six, including the United Kingdom, have established legally enforceable ‘net zero’ aims.
Mr Sunak’s rethinking of green initiatives was interpreted as an attempt to create a schism with Labour ahead of a potential general election next year.
The Prime Minister announced a delay in the prohibition on new petrol and diesel automobiles, a weakening of the plan to phase out gas boilers by 2035, and the elimination of the necessity for energy efficiency modifications to households.
Many of his backbenchers who needed votes at the polls hailed the action, while others opposed it.