Emeritus Prof Christopher May on Nostr: As Ed Conway (Sky) point out: 'There is at least ONE area where the UK is ...
As Ed Conway (Sky) point out:
'There is at least ONE area where the UK is world-beating: the cost of our power.
According to new figs, UK has highest industrial power prices in the developed world;
A key part of the explanation for why we deindustrialised faster than anyone (another thing we're world-beating at)'
And, of course, another cause would be the ownership structure of our energy companies... and their capture & influence over OFGEM!
#energy #economics
'There is at least ONE area where the UK is world-beating: the cost of our power.
According to new figs, UK has highest industrial power prices in the developed world;
A key part of the explanation for why we deindustrialised faster than anyone (another thing we're world-beating at)'
And, of course, another cause would be the ownership structure of our energy companies... and their capture & influence over OFGEM!
#energy #economics