2022-09-01
It has been many years in the making, years when most of our industry was forced off-shore, and most of our energy investment was forced into unworkable green projects - unworkable? If they need subsidies then they are not viable.
Once upon a time there may have been a case for subsidising the initial tranch of green projects but if they still need subsidising after all these years then they aren't working and likely never will.
The knives should rightly be out for policies that prioritise green dogma over national energy security.
It seems that wind farm owners that were subsidised to accept unprofitable prices in past times are now unwilling to sell to the grid at profitable prices when they can sell elsewhere at make-a-killing prices.
So the "privatisation" of energy supply leads to the sort of nonsense that Net Zero Watch reports for our entertainment today - if would be funny if it were not so devastatingly serious.
Is this yet another case of land owners (whose loss-making was covered by public funds) are now making a killing (where profits accrue solely to themselves)? How does this differ from laundering public money into private hands? Is use of the word "rip-off" justified?
And then ... we have this report from Canada.
The Canadians are awash with natural gas that they would like to export to Europe as LNG (and I dare say that much of Europe would like to buy it). But the Trudeau government has other ideas and has its green credentials to think of.
So should we be forgiven for wondering if Klaus Schwab's young global leaders (in this case, Trudeau, Boris, Macron et al) are conspiring to keep us all from overheating this winter?
