How Much Will Brexit Cost? Billions at Risk for Energy and Environment Projects, with Final Bill Unknown

Source: Desmog UK


It’s very hard to know exactly how much Brexit will cost the UK — it depends on what kind of trade deal and exemptions the government manages to negotiate with the EU.

But when it comes to energy and the environment a few estimates have emerged since the referendum with numbers attached, and all of them are pretty big.

If these estimates are added up, it appears that since 2000 the UK has received around £40 billion from the European Union in funding and loans which have been put towards various energy projects, smart meters, and scientific research. The UK has also received an annual £52 million towards the world’s largest nuclear fusion project.