Saturday 23 July 2022

Charles Moore today

'Instead of reducing our carbon emissions to global benefit, we have merely exported them to China, which therefore – unpunished for its carbon sins – out-competes us. As well as now paying the crazy prices set by Putin’s war, the ordinary energy consumer bears the heavy capital, regulatory and subsidy costs of hitting net zero’s arbitrary targets. Energy-intensive businesses suffer terribly from cheap energy options foregone. Our steel industry totters on the brink.'

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