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Peter Franklin: Who's to blame for the energy crisis? And can we prevent the next one?

Posted On: 5 Dec 2021   |   Posted By: Conservative Home

Peter Franklin is an Associate Editor of UnHerd.
Even if the lights stay on this winter, can we afford the bill? The price of natural gas - on which this country relies for both power and heat - has gone through the roof.
The spot price is down from its crazy peak earlier this month, but at over 200 pence/therm it is still three to four times what we'd normally pay. It's an inflationary shock that comes at the worst possible time for households and businesses struggling to recover from the pandemic. For energy intensive industries it is potentially ruinous.
By unhappy coincidence this is all happening while we get ready for the COP26 climate summit in Glasgow next month. With Boris Johnson bigging-up Britain's leading role in climate policy, the backdrop of an energy crisis doesn't suit his boosterish message at all.
However, the timing couldn't be better for the rightwing critics of Tory environmentalism. They've been out in force lately trying to pin the blame on the “Jolly Green Giant”, as Andrew Neil...

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