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Analysis: Weaker EV Targets Could Cost UK Consumers £3 Billion a Year by 2030
An upcoming UK government consultation on weakening targets for electric vehicles (EVs) could cost consumers as much as £3bn a year by 2030, according to Carbon Brief analysis.
AI Summary
A forthcoming UK government consultation on reducing electric‑vehicle targets could increase consumer costs by up to £3 billion annually by 2030, according to analysis by Carbon Brief. The weaker targets would raise the UK’s net oil imports by 8%, requiring an additional 17 million barrels of oil in 2030, and would add 2.5 % to national emissions that year.
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