The staggering cost of Ed Miliband's Net Zero drive finally revealed: £4.5 TRILLION... that's more than the UK's entire GDP.
Published:Daily Mail. Updated: 02:30 GMT, 11 January 2026
Labour's 'obsessive' drive towards Net Zero could cost Britons a staggering £4.5 trillion over the next 25 years, official estimates suggest.
Critics said the extraordinary mounting costs for measures such as wind farms, solar panels, green heating systems and upgrades to roads and railways are significantly higher than previous forecasts and could 'bankrupt' the economy.
The figures, quietly published last month by the National Energy System Operator (NESO) – a Government quango responsible for Britain's energy systems – includes an estimated £585 billion to be forked out by ordinary households to pay for the move away from energy–guzzling boilers towards eco–friendly heat pumps.
And new wind farms and electricity pylons across the country would cost £1 trillion, it estimates, while switching to electric vehicles and building more charging stations could add further costs of up to £2.6 trillion.
In total, NESO estimates Britain will need to spend £182 billion a year to reach its targets by 2050.
Reform UK's deputy leader, Richard Tice, told The Mail on Sunday the figures were evidence that the policy should be scrapped.
He said: 'This confirms what I have always said – the Government's obsession with Net stupid Zero will only succeed in bankrupting the country.
'A Reform government will scrap Net Zero immediately, cut energy bills and restore growth.'
