OUR fuel bills are rising fast, and politicians seem to have little idea what to do about it.
Tackling the profit-hungry energy companies has to be part of the answer. But the banks, too, must be made to change their ways.
In years to come, coal, oil and gas prices are certain to carry on rising, while the cost of renewable energy will fall as long as we invest in infrastructure.
Despite this, the big banks put billions into dirty fossil fuel projects – many of which pollute and destroy people’s rivers and forests in developing countries - while their investments in renewables remain tiny.
We need ways of financing, producing and distributing energy that are good for people everywhere, and not geared solely towards maximising corporate profit.
THE soaring price of energy is affecting everyone, and the hardest hit are the poorest, who cannot afford to turn on the heating.
If we continue to rely on fossil fuels, bills are likely to rise in the long term as coal, oil and gas become more expensive and renewable technology gets cheaper.
Fossil fuels are also driving climate change and polluting people’s land, especially in developing countries.
Yet the big UK banks continue to pour billions of pounds into new coal, oil and gas projects around the world, and the government is doing nothing to stop them.
We need a government that takes both fuel poverty and climate change seriously, not one that puts the profits of big companies before all else.