Tories overstated net zero cost by nearly £500bn after spreadsheet error

Syd Barhey Esq. FCA. #FBPE10

So .... the party of safe money can't add up or use Excel ..... mmmmmmmm !

TBF, they've got form with this The error that could subvert George Osborne's austerity programme | George Osborne | The Guardian share.google/wvJy0uAZi7JQ...

Walking Pete7

Spreadsheets, greed, psychopathy and don’t give a shit as long as the rich don’t pay taxes…

Nation of Stupids6

Their ignorance on climate collapse will cost them every election going forward. They are doomed.

Chris Smith5

The cost of unmitigated climate change to the country is of course much, much, more than even their silly made up number.

Andrew Rait9

A once in a lifetime error. Oh..... 🤨 www.theguardian.com/politics/201...

nigelphilipjones.bsky.social7

Careless Kemi’s Tory party is littered with errors, overstating net zero or understating the cost of a British Iron Dome, which she has to walk back while claiming she never gets anything wrong. A self deluded politician is a dangerous thing.

Incachief5

Conservative headline for cost of Net Zero £957b, actual cost £4b per annum. And even that should be regarded as an investment in future energy savings and reducing the likelihood and impact of climate disasters. Net Zero is a sensible and economically rational idea.

Flamma5

As funny as this is, at this point cost is becoming very obviously less important than action and the loons are looking increasingly loony..

Clive4

Shows how incompetent the Tories are

melbiro.bsky.social3

Spreadsheet error nobody pucked up, or spreadsheet 'error' ( wink, wink)?

Policy Vibe · by NoMAGA2

A £500bn error doesn’t just embarrass a party—it distorts the argument before policy is even debated, making climate action look vastly harder to fund than it is.

John Pedersen1

I remember. The Tories announced the spreadsheet error, apologised, and explained that their austerity policies were therefore wrong and reversed them. Oh how we laarfed, and then we went on to live happily ever after.

john0634.bsky.social1

If this was Reform UK then expect Tricky to comment "Trifling".

Dogboy Dan1

I wouldn't trust them to speak my weight 😅

Ⓥ🌱🌹🌻SpeedyBean🌻🌹🌱Ⓥ1

What's that, tories cooking the books...shocker 😳🤣

Even if correct it would still be a wise investment economically. It would soon pay for itself many times over with cheaper energy. May even be worth it for immediate jobs alone.

Anand2

to be fair, I've once nearly done this with a report for the UN, but my error was less than $1 billion (I'm still wincing though, decades later — and nobody noticed it in the draft, which was additionally worrying)

Charles Julian2

But she's an engineer ...... 🙄

chrrobl.bsky.social1

Guardian : 'It is possible the Conservatives copied the figure without checking it. It appears to have been published in a report by the rightwing thinktank the Institute of Economic Affairs...' "Think"tank unaware of risks of using spreadsheets for critical stuff requiring software validation.🤣

James Flynn1

Material wealth and currency cannot sustain human life once the natural ecosystems providing air, water, and food are destroyed. The Tories are desperately trying to accomplish this.

Bill Heywood1

Their own record proves conclusively how this is not the case If they were even mildly competent then after 14 years in power, the country would not have been broken and broke They did that

Mø1

I just can't do anymore Tories after the 15 years of ripping the country to shreds and impoverishing us. The fact that there are still poor people who think this party will improve their lot is astounding.

Stu Can Play At That Game1

Could we get through a week without a Badenoch gaffe?

Vanblerkisms1

I was thinking that when I heard it. I think they can only promise £80bn from cutting welfare benefits in the knowledge that they are so pisspoor that they will never get elected to implement these Draconian cuts.

tarna68.bsky.social2

Watched kemi on this issue Shes relying on someone who knows the numbers but she doesnt mmmm nor can she answer the questions asked of her Off around the Mulberry Bush she goes where she stops she only knows 🙄 Woman isnt for thinking 🙄

grizzlyoldgit.bsky.social2

The Tories cannot be trusted to tell the time.

His Royal Huwness 🏴󠁧󠁢󠁷󠁬󠁳󠁿🐸🇵🇸🇪🇺1

Sure, an error and not a big lie.

Tim Burnett1

Was she saying "accidentally" at the moment that this picture was taken?

Debbie 🌹1

Would leave anyone of them in charge if a running bath

georgie-momo.bsky.social1

Forgot to carry the one?