Net zero is sinking to new lows
Story by Craig Mackinlay • 5h
With the Conservative leadership race now swinging, we are hearing a lot about unity and the expected tough talk on immigration, defence, benefits and the tax burden. If only many of the candidates had been around the Cabinet table recently, to advance the Conservative policies our membership wishes to hear.
But there has been less discussion of net zero. Previous prime ministers, from Blair onwards, dithered on energy policy. But all committed by varying degrees to international Climate accords, even going as far as legislation.
Tony Blair oversaw the Climate Change Act (CCA) 2008, Theresa May the 2050 target amendment. We are one of just a handful of nations to have bound ourselves legislatively. But Parliament is sovereign and can repeal and adapt any legislation it wishes. I recommend, on energy policy, that it does.
The results of this target are now becoming clear, with British consumers paying some of the highest prices for electricity in the world. We pay 2.5 times that paid by US consumers, and four times the amount paid in China. We then wonder why high energy businesses, from steel to ceramics, are preferring to invest overseas.
https://www.msn.com/en-us/news/world/net-zero-is-sinking-to-new-lows/ar-AA1pdQUc?ocid=msedgdhp&pc=HCTS&cvid=6bb42dc0a77246e881e1d48d5a30913e&ei=26
