The Climate Change Act of 2008 - no yawning at the back! - mandated a reduction of 80% in the country's CO2.
As a result of state intervention, electicity costs for business industrial users are twice the EU average and far higher than those paid for by the shale gas using American businesses.
This isn't a political thing - Milliband started and call me Dave finished it by instituting a carbon price floor, which means that the UK industrial users pay four time more the the so called cost of carbon in their electricity prices than continental competitors.
At this point, it's worth pointing out that we produce 2%, yep two, of the worlds CO2 emissions.
Back in 2009, the director of the Energy Intensive Users Group said ' Outsourcing our emissions is not a solution to a global problem. Politicians need to understand that unilateral actions will come at a terrible cost in terms of UK manufacturing, jobs, investment and export revenue, for no discernible environmental gain.'
Probably not going to attract a lot of interest this post, but I find the decisions and consequences made, interesting.
Needless to say, I'd rather have the men and women of Port Talbot in a job. And you?
Climate or jobs?
As a result of state intervention, electicity costs for business industrial users are twice the EU average and far higher than those paid for by the shale gas using American businesses.
This isn't a political thing - Milliband started and call me Dave finished it by instituting a carbon price floor, which means that the UK industrial users pay four time more the the so called cost of carbon in their electricity prices than continental competitors.
At this point, it's worth pointing out that we produce 2%, yep two, of the worlds CO2 emissions.
Back in 2009, the director of the Energy Intensive Users Group said ' Outsourcing our emissions is not a solution to a global problem. Politicians need to understand that unilateral actions will come at a terrible cost in terms of UK manufacturing, jobs, investment and export revenue, for no discernible environmental gain.'
Probably not going to attract a lot of interest this post, but I find the decisions and consequences made, interesting.
Needless to say, I'd rather have the men and women of Port Talbot in a job. And you?
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