Committee providing advice on climate policy must be held to account

26 October 2021
Energy and Environment

Committee providing advice on climate policy must be held to account

IEA quoted in City AM

The IEA has been quoted in an article regarding Lord Deben's Climate Change Committee. The IEA highlighted the Committee's lack of political accountability when it comes to providing advice to the government on environmental policy. Read the full article here.... Continue reading
26 October 2021
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New IEA report exposes the true cost of public sector pensions

26 October 2021
Tax and Fiscal Policy

New IEA report exposes the true cost of public sector pensions

IEA report referenced in I News

A new report on public sector pensions, authored by IEA Chairman Neil Record, has been referenced in I News by Mark Wallace. Wallace notes that Neil's latest report provides a revealing insight into the Treasury's "skewed" calculations when it comes to funding pensions in the public sector. Read the full article here.... Continue reading
26 October 2021
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Public sector pensions cost £57bn per year more than is declared, finds new IEA research

26 October 2021

Public sector pensions cost £57bn per year more than is declared, finds new IEA research

PUBLIC SECTOR PENSIONS COST £57BN PER YEAR MORE THAN IS DECLARED, FINDS NEW RESEARCH  Government is misleading Parliament and the public over the cost to the taxpayer of public sector pensions. Members of Parliament and the public are only told the discretionary cost, rather than the official cost – and the difference between the two is significant. The author estimates the unreported annual cost ... Continue reading
26 October 2021
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There should be greater caution in setting minimum wages, says IEA expert

26 October 2021

There should be greater caution in setting minimum wages, says IEA expert

Commenting on the Chancellor's plans to raise the minimum wage to £9.50 an hour, Professor Len Shackleton, Editorial and Research Fellow at free market think tank the Institute of Economic Affairs, said: "The labour market is surprisingly healthy at the moment, confounding the predictions of those expecting a massive rise in unemployment after the ending ... Continue reading
26 October 2021
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UK Climate Change Committee in urgent need of reform, says new research

24 October 2021
Energy and Environment

UK Climate Change Committee in urgent need of reform, says new research

UK CLIMATE CHANGE COMMITTEE IN URGENT NEED OF REFORM, SAYS NEW RESEARCH The Climate Change Committee (CCC) was established as an ‘independent’ advisory body. It has morphed into a pressure group with an active media profile, but without proper political accountability. The CCC’s projections are widely relied on by the government and private sector, yet their economic ... Continue reading
24 October 2021
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Publicly funded bodies should not teach Critical Race Theory as fact, says IEA expert

22 October 2021

Publicly funded bodies should not teach Critical Race Theory as fact, says IEA expert

Commenting on reports that the Royal Exchange Theatre in Manchester has launched a mandatory book club to educate staff on racism, including Critical Race Theory, Marc Glendening, Head of Cultural Affairs at free market think tank the Institute of Economic Affairs, said: "If the theatre’s artistic directors actually do respect diversity of opinion, I expect ... Continue reading
22 October 2021
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IEA economist comments on the potential costs of Net Zero

21 October 2021
Tax and Fiscal Policy

IEA economist comments on the potential costs of Net Zero

Julian Jessop quoted by the Credit Protection Association

Julian Jessop, Economics Fellow at the IEA, commented on the impact of higher public spending on tax revenues in the build up to Boris Johnson's goal of achieving net zero by 2050. Julian argued that while losses in tax revenues from fossil fuels will be noticeable,  it should not inform government policy on climate change. ... Continue reading
21 October 2021
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Prince Charles’ proposed eco-village is “environmentalism at its best”

21 October 2021
Energy and Environment

Prince Charles’ proposed eco-village is “environmentalism at its best”

Andy Mayer writes for The Telegraph

Writing for the Telegraph, IEA Chief Operating Officer Andy Mayer, commented on the Duchy of Cornwall's plan to build a low-carbon village in Kent. Andy argued that the plan exemplified the power of private entrepreneurship, over centralised state planning. Andy said: "Whatever you may think of net zero dogma, it is refreshing to see passionate ... Continue reading
21 October 2021
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IEA economist responds to latest ONS public sector finances data

21 October 2021

IEA economist responds to latest ONS public sector finances data

Commenting on the figures, published today by the Office for National Statistics, Julian Jessop, Economics Fellow at free market think tank the Institute of Economic Affairs, said: "UK government borrowing and debt continue to undershoot the OBR’s old forecasts, underlining how economic growth – not tax hikes – is the best way to repair the ... Continue reading
21 October 2021
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Johnson’s heat pump plan “essentially a woke welfare scheme for the wealthy”

20 October 2021
Energy and Environment

Johnson’s heat pump plan “essentially a woke welfare scheme for the wealthy”

Andy Mayer quoted in the Express Online

The government announced this week that it will offer 90,000 households in England and Wales grants of £5,000 to help them replace old gas boilers with low carbon heat pumps. Quoted in the Express Online, IEA Chief Operating Officer Andy Mayer argued that the plan is "essentially a woke welfare scheme for the wealthy".  He ... Continue reading
20 October 2021
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