By Jo Nova
That didn’t take long?
It feels like Net Zero is undergoing a rapid unscheduled disassembly.
Two months ago the UK Prime Minster was going gangbusters. He told the world Britain would go “all out”to accelerate Net Zero, to bolster energy security and weather control, because “it’s in the DNA of my government”. This week, the same Prime Minister says he will save factories by cutting power bills for more than 7,000 of the most energy-intensive businesses “by up to 25%” by slashing net zero charges. So the companies that produce the most CO2 will be excused, because they will go out of business, but the rest of the UK can pay even more, because they aren’t going broke yet.
Speaking of which, industry groups warned a few weeks ago that high electricity costs threatened UK Manufacturing. And five days ago the largest fibreglass factory in the UK announced it would close because of the high electrical prices.
It makes no sense to pretend that a Net Zero economy is a goal to aim for while exempting the highest emitters. Does CO2 matter or doesn’t it? Obviously Net Zero is just the moveable excuse to make the taxes […]
via JoNova
June 23, 2025 at 05:19PM
