An odd article in that beyond heaping scorn on climate sceptics it displays an amazing level of financial and economic ignorance; very strange from this author.
The greatest impediment today to a thriving UK economy is our climate/energy policy of net zero and the same is true in the author's native Germany.
Inflated and globally uncompetitive energy costs together with high tax levels imposed to support climate policies are destroying the UK's economy. Any notion of a manufacturing revival in the UK takes about 15 seconds to debunk by simply pointing to the price of energy in the UK. It took the people at Open AI a bit longer to figure this out but they did figure it out before cancelling their £30 billion investment in the UK.
This article combined with the IEA's risible article "Britain finally has a plan to lower energy bills" makes me wonder if the IEA is on the path to irrelevance to public debate in the UK.
I think we read completely different articles! No “scorn” was poured on climate change deniers / sceptics; rather the author set out a position of personal agnosticism as he doesn’t claim to have sufficient knowledge to know whether their position (men made climate change is just pseudo science to enable political activists) is true or not.
What the author does then do is set out very clearly, and fairly, the position of the climate change *policy* sceptic and notes that their position is much harder for the Thunbergistas to argue against, which is why they prefer to deal with straw / balloon men arguments.
Not sure where you are going. If I assume that you accept the climate change hypothesis and you think current UK (German) energy policy is wrong (I do) what do you think should be the next step (suppose you were energy Minister)?
I would repeal the Climate Change Act and dismantle the whole Net Zero agenda. Then I would incentivise production from the North Sea by reducing the tax rate to the standard UK corporate tax rate. Lastly, I would enable fracking to get off the ground as soon as possible.
This would unleash an economic prosperity that the UK hasn't seen in decades. The UK would become a "power island" and a magnet for AI labs, manufacturing and other electricity hungry businesses because the cost of energy would fall by at least 65% in less than 2 years.
I also do not accept the premise that 20 year contracts signed with the "contracts for differences" provisions and the energy pricing system in the UK is locked in stone. That's the legalistic approach and not a viable economic or political approach.
An odd article in that beyond heaping scorn on climate sceptics it displays an amazing level of financial and economic ignorance; very strange from this author.
The greatest impediment today to a thriving UK economy is our climate/energy policy of net zero and the same is true in the author's native Germany.
Inflated and globally uncompetitive energy costs together with high tax levels imposed to support climate policies are destroying the UK's economy. Any notion of a manufacturing revival in the UK takes about 15 seconds to debunk by simply pointing to the price of energy in the UK. It took the people at Open AI a bit longer to figure this out but they did figure it out before cancelling their £30 billion investment in the UK.
This article combined with the IEA's risible article "Britain finally has a plan to lower energy bills" makes me wonder if the IEA is on the path to irrelevance to public debate in the UK.
I think we read completely different articles! No “scorn” was poured on climate change deniers / sceptics; rather the author set out a position of personal agnosticism as he doesn’t claim to have sufficient knowledge to know whether their position (men made climate change is just pseudo science to enable political activists) is true or not.
What the author does then do is set out very clearly, and fairly, the position of the climate change *policy* sceptic and notes that their position is much harder for the Thunbergistas to argue against, which is why they prefer to deal with straw / balloon men arguments.
Not sure where you are going. If I assume that you accept the climate change hypothesis and you think current UK (German) energy policy is wrong (I do) what do you think should be the next step (suppose you were energy Minister)?
I would repeal the Climate Change Act and dismantle the whole Net Zero agenda. Then I would incentivise production from the North Sea by reducing the tax rate to the standard UK corporate tax rate. Lastly, I would enable fracking to get off the ground as soon as possible.
This would unleash an economic prosperity that the UK hasn't seen in decades. The UK would become a "power island" and a magnet for AI labs, manufacturing and other electricity hungry businesses because the cost of energy would fall by at least 65% in less than 2 years.
I also do not accept the premise that 20 year contracts signed with the "contracts for differences" provisions and the energy pricing system in the UK is locked in stone. That's the legalistic approach and not a viable economic or political approach.
Thank you for your response.