The core of this industrial strategy is that the government has picked eight sectors that it wants to stimulate in the hope they will deliver the growth it so desperately needs to balance the books and stave off economic collapse.
LAST week, as reported here, the Danish wind company Orsted announced it was cancelling its Hornsea 4 offshore wind project in the North Sea, which was awarded a Contract for Difference last year and would have been the biggest wind farm in the UK, with a capacity of 2.4GW.
The dewy-eyed and rather dim-witted vision of globalisation is dead, I think for good. Labour is to effectively re-nationalise British Steel in Scunthorpe and in making the announcement that Parliament was to be recalled, Sir Keir Starmer said: ‘This afternoon, the future of British Steel hangs in the balance. Jobs, investment, growth, our economic and national security are all on the line.’
ONLY this Labour Government could reduce the fines on carmakers for selling the wrong kind of car from £15,000 per vehicle to £12,000 and call it supporting the car industry!
THE TOTAL DESTRUCTION of Great Britain is well under way and proving a highly successful venture, thanks to one man and one man alone: Ed Miliband.
I AM sure everyone remembers Labour’s promise in the run-up to the election to reduce everybody’s electricity bills by £300 a year.
Clean Power 2030, they estimated that costs would increase by £10/MWh, not decrease, under Labour’s plans for clean electricity:
CHURCHILL was so puzzled about the 1939 Nazi-Soviet alliance that he called the USSR ‘a riddle wrapped in a mystery inside an enigma’. That is the perfect phrase for the frantic efforts being made to reduce the UK’s greenhouse-gas emissions. Our leaders seem to think that we alone can save the world if only we could go sufficiently green. They’re wrong, and here’s why.
TEN years ago, Ed Miliband promised a million new green jobs by 2030. He’s not the only one, of course, to make such extravagant pledges.
The reality, as you might have guessed, is somewhat different.
FOR YEARS we have been told that renewable energy would reduce our bills. It was always a lie, of course. This year alone, the Office for Budget Responsibility (OBR) reckon subsidies for renewables will add £12billion to our bills.
AT THE same time as Henry Getley had his ‘preparing for power cut’ (courtesy of his energy supplier) leaflet drop on to his doormat, Ed Miliband’s new National Electricity System Operator (NESO) revealed their plans to minimise the risk of ‘disruption’ (aka blackouts). The penny has dropped. They’re going to need to ‘stabilise net zero electricity transmission systems and minimise the risk of blackouts’, which spelled out means dealing with the unreliability of wind and solar energy the country is being forced to harness while they ditch reliable fossil fuel and nuclear-generated supplies.
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