Energy policy could cripple Britain — Matt Ridley Reblog

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THE GOVERNMENT’S ENERGY POLICY COULD CRIPPLE GLOBAL BRITAIN

As Britain relaunches itself as an independent trading nation, its fate will depend on how competitive it is. We have lots going for us, but we also have a heavily regulated economy, high labour costs and low productivity, so we may be in for a shock. And there is one slug of self-inflicted burdens that we are in the process of making much worse, perhaps crippling: our energy policy.

Britain has uniquely legislated to reach net-zero carbon dioxide emissions in 2050, which means going cold turkey on the 85% of our energy that currently comes from gas, oil and coal. That means finding ways to run not just the electricity grid, which is about 20% of our energy, without net emissions, but all our heating, transport and industrial processes too. Surprisingly, the Committee on Climate Change failed to produce a detailed costing of this ambition before recommending it, but reputable estimates put the cost at around £3 trillion in the absence of any breakthrough in nuclear fusion or carbon capture.

Lesen Sie weiter im Originalbeitrag: The Government’s energy policy could cripple global Britain — Matt Ridley – Blog RSS

2 Kommentare

  • Dieser Matt Ridley ist einfach inhaltlich und sprachlich in einer höheren Sphäre. Wir sollten diesen Prof. Helm informieren und kontaktieren. Er ist meines Wissens deutschen Ursprungs

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