Friday, April 05, 2024

Deindustrialization 25, UK bankruptcies, closure of Port Talbot, Net Zero deception

I posted this the other day in "Oplas Perspectives" viber group.


As I often say, when other people self destruct, we should not interrupt. Climate agenda, net zero and decarbonization goals sinking the UK. Expensive energy, many manufacturing plants fleeing UK. Plus high cost of illegal immigration. Plus billions sent to Ukraine. 

UK officials should be ashamed of what they have done to their own economy.  They should sulk in one corner and reflect the damage they have done, instead of lecturing many developing countries aspiring to industrialize that they should follow UK deindustrialization.

Meanwhile, enjoy these reports.

1. French ‘rubbing their hands’ as Britain forced to import £1.5bn of electricity
UK buys a record amount of power from Europe as wind and solar fall short
Jonathan Leake 19 January 2024

2. Port Talbot has been sacrificed to the angry god of net zero
Its workers had good jobs producing steel. Now a whole community has been left with nothing
ALLISON PEARSON 19 January 2024

3. The madness of the Port Talbot closures
Ross Clark 19 January 2024

True, there will be 2,800 job losses, and it won’t actually reduce global emissions – in fact, it will probably increase them... today’s announcement that Tata Steel is to close its two blast furnaces in Port Talbot...

4. Tata Steel has exposed the great net zero delusion
Port Talbot is just the start – the green agenda could soon drive our economy into the ground
MATTHEW LYNN 19 January 2024 

5. Port Talbot is a victim of net zero madness
Steel manufacturing has been devastated by high energy prices. Now it is being further diminished
TELEGRAPH VIEW 21 January 2024 

6. Senior Tories have blasted 'Trojan Horse' Net Zero green agenda after Tata Steel announced it is axing 2,500 jobs at its Port Talbot steelworks in a bid to reduce emissions
Government paid £500million of taxpayers' money to the Indian owners of Tata
By GLEN OWEN  21 January 2024

7. Two million “will disconnect from energy” this winter because they can’t afford to top up, Citizens Advice warns
By Alban Thurston -January 23, 2024

8. British households paying most for their energy
UK prices rise fastest among developed countries as utility companies hand record payouts to shareholders
Jonathan Leake 24 January 2024

9. Revelation That U.K. Climate Target is Based on One Windy Year’s Data Threatens to Unravel Net Zero Credibility
BY CHRIS MORRISON 24 JANUARY 2024

10. More Revelations Emerge of How the Climate Change Committee Dupes Parliament into Voting for Net Zero Measures
BY CHRIS MORRISON 27 JANUARY 2024

11. UK Climate Change Committee Misled Parliament on Net Zero Measures
Estimations on wind energy storage were based on a single year of weather data.
Bridget Ryder — January 29, 2024

12. BP attacked by investor over ‘irrational’ switch to clean energy
Oil giant is accused of leaving shareholders £40bn poorer with unrealistic strategy
Matt Oliver 29 January 2024 

13. The Folly Of Climate Leadership
Tilak Doshi. Jan 29, 2024
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See also:
Deindustrialization 22, EVs impracticality, Energizing growth series, December 19, 2023
Deindustrialization 23, Germany economic decline, January 14, 2024
Deindustrialization 24, UK and Germany degrowth and high food inflation, February 10, 2024

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