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Petrol and diesel prices have reached record highs due to volatile international markets. Inflation is going to affect the price of other goods and services, putting further pressure on household budgets.

Despite these pressures, public demand for climate action is holding strong, and for good reason. In January 2022, an opinion poll found that 54 per cent agreed that the United Kingdom cannot afford not to implement policies intended to address climate change, compared to 29 per cent who said we cannot afford to implement such policies in the current economic climate.

Necessary action to meet the UK’s net zero carbon goal will help to solve problems contributing to the current cost of living crisis, whether through greater efficiencies, cutting demand for fossil fuels or cheaper energy alternatives. This report outlines how policies that protect against climate change will also help to reduce the cost of living, both now and in the future.

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