Authored by 'Sallust' via DailySceptic.org,
It’s Toytown basic economics that the price of any commodity or service is determined by the relationship between supply and demand. The less there is of anything, the higher its price will be, depending on the level of demand. The greater the level of supply the lower the price, and thus the greater the demand and usage.
Nothing could exemplify that better than energy. Restricting the supply of energy whether by design or circumstance, or even elevating the price artificially with taxes and levies, is bound to inhibit demand. And that diminishes the economy.
The Telegraph has published an article by Jonathan Leake on how Net Zero has accelerated Britain’s national decline:
For Ed Miliband and Sir Keir Starmer, Net Zero is the route to clean energy, economic growth and turning the U.K. into a global green superpower.
Across the Atlantic, however, Britain’s drive for “decarbonisation” is increasingly seen as an economic experiment – one that risks tipping the U.K. from miniscule economic growth into full-scale decline.
Poster Comment:
Elon Musk wants to spend $100 million to change the UK government at the nex election. That is in a smaller country and with a very short campaign period. Maybe he should start with a few by-elections.