Why do ‘economists’ seem terrified of exposing the ‘Net Zero’ disaster?

Wednesday blog

On 3 June 2024, I emailed the Sunday Times’s economics nabob with the following question:

Both Labour and Conservatives have promised to lower the UK’s debt levels as a percent of GDP by promoting economic growth. But at the same time, both parties are pushing up energy prices by reducing the use of cheap reliable fossil fuels and increasing the amount generated by unreliable, intermittent and expensive wind and solar.

Perhaps it would be useful for your readers if you could explain how a country aiming to be the world’s leading clean energy superpower with some of the world’s most expensive energy can have a competitive growing economy?

The reply I got was fairly shorty and to the point “No”.

I haven’t yet read this great economist’s words of profundity and wisdom in the most recent Sunday Times’s ‘Business & Money‘ section. But I noticed that the quote which the editor or sub-editor or sub-sub-editor chose to highlight in big bold black lettering was “The economy has been battered by taxes, tariffs and interest rates“.

OK, I ain’t no world-class economist like the Sunday Times’s resident genius or Britain’s internationally-respected Chancellor Rachel ‘economy-ruiner’ Reeves. But having worked in over 80 organisations in 15 countries, I just get a niggling feeling that Britain, with its Net Zero lunacy, giving us some of the world’s highest energy prices might possibly be having a negative effect on the competitiveness of what pathetically little is left of British industry.

I only pick out the Sunday Times’s economics expert as I’ve just once had direct contact with him. But as we approach Torsten Bell’s (sorry, I meant ‘Rachel Reeves’s’) economy-crashing budget from hell I suspect you’ll find most of Britain’s economics pontificators blethering and blethering away but always carefully avoiding what Reform’s admirable Richard Tice calls ‘Net stupid Zero’. The mainstream media commentators will ‘forget’ to mention that the main reason for our current economic decline are the asphiatingly high energy prices Net stupid Zero is inflicting on British businesses and households.

And while we’re on the subject of Britain’s supposed ‘economists’, you’ll constantly hear that Britain’s economy is griowing by 0.2% or 0.1% or something like that. As I’ve often said I’m no economist. But I believe this supposed ‘GDP growth’ is actually a fiction as it’s based on our useless useless useless government borrowing record amounts of money to fund massive pay rises for our lazy, incompetent, bloated, deliver-nothing public sector.

Oh. and here’s a short video I made a few months ago about our most esteemed Chancellor:

https://drive.google.com/file/d/1Zb1my2Sq5uxlk_wtwivxmBE0tQYN92TH/view?usp=sharing