weekend blog
Wonderful news from a couple of small islands down under. New Zealand is ditching ‘Net Zero’. But don’t worry, Britain’s greatest climate scientist, Energy Secretary Mad Ed Miliband, is doubling down on ‘Net Zero’ in the UK so we can become the global leader in renewable energy and, of course, back to the Stone Age and totally bankrupt.
I believe that Mad Ed and the other liars and knaves in Labour are claiming that the recent Ofgem decision to cut average energy bills by 7% is due to our scientifically-challenged rulers’ brilliant ‘transition’ from cheap, reliable fossil fuels to expensive, heavily-subsidised, intermittent and unreliable supposed ‘renewables’.
But please don’t be fooled by Ofgem’s 7% price reduction. This fall in Ofgem’s price cap today (fears about a global recession are driving down oil and gas prices) does nothing to detract from the fact that Britain has the highest domestic and industrial electricity prices of any member country of the International Energy Agency. In 2023, UK domestic consumers paid an average of 36.39 pence per kWh for their electricity; in the US it was just 12.86 pence. For industrial users, the gap was even more stark: 25.85 pence in the UK and 6.48 pence in the US. Moreover, 3 or 4 years ago the average housedhold energy bill was about £700 a year cheaper than the new Ofgem supposedly ‘reduced’ prices.
But there’s even worse news for British households and industries. From the little I understand, UK-hating, globalist lackey, Keir ‘not queer’ Starmer, has signed us up to joining the EU Emissions Trading Scheme (ETS). I further understand that the price of carbon permits in the EU ETS is higher than in the current UK ETS. This means that UK industries, particularly power generators, will have to pay more for their carbon credits. So, our energy prices will keep going up, further bankrupting British households and industries as our government enthusiastically pursues its ‘degrowth’ back-to-the-Stone-Age agenda.
I look forward to Miliband explaining how what pathetically little is left of British industry will compete on world markets when our companies are being slaughtered by Miliband’s extortionate electricity prices.
Perhaps we should all hand collapsing Britain over to the Third-world, mostly uneducated, mostly unemployable, often violent, often criminal, often rapist small-boat invaders Starmer and Labour adore and then we could all claim political asylum in sensible Jacinda-Ardern-free New Zealand?
Ironic that Trump drill baby drill, his arm bending of Saudi, Iran, Israel and Russia negotiations etc has resulted in lower oil prices which we are seeing the benefit of. I was in Cornwall last week and unleaded was 125p a litre thanks to a local price war. So Trump has already created lower inflation and despite the establishments best efforts we will see further interest rate cuts down the track.
Sadly the commie imbeciles from the liblabcon party who are determined to vandalise UK may also benefit from this. This will give them cover to hide their damaging changes until the next cycle when oil prices trend upwards again. I suspect at that point all we will need is a prolonged dunkelflaut and what these morons did in Spain last month will happen here on a scale that will result in hundred of thousands of people dying from cold and the chaos resulting.
The difference in energy prices between the UK and USA should tell our politicians that our energy policy needs to change, but I doubt that Mad Red Ed will ever see that.