Flick 🇬🇧 on Nostr: ...
https://www.telegraph.co.uk/news/2024/11/18/labour-is-facing-a-civil-war-over-net-zero/
The looming battle over EV quotas will just be a foretaste of what is to come. The net zero obsession is going to throw a lot of people out of work over the next few years. We have already seen that with the closure of the Port Talbot steel works in Wales, and now we are seeing it with the potential shuttering of car factories as well.
With some of the highest prices for electricity in the world, and more than double the United States, we will see a lot more traditional heavy industry close down very soon. That will get even worse when the new round of carbon border taxes come into force, driving up the price of imported raw materials.
If any factories survive that blizzard of extra costs it will be a miracle. Meanwhile, those “well-paid industrial jobs” have proved to be largely a mirage. The trade unions are already getting anxious about the impact on their members, and rightly so. It is going to be a bloodbath.
https://archive.ph/NKCZV
The looming battle over EV quotas will just be a foretaste of what is to come. The net zero obsession is going to throw a lot of people out of work over the next few years. We have already seen that with the closure of the Port Talbot steel works in Wales, and now we are seeing it with the potential shuttering of car factories as well.
With some of the highest prices for electricity in the world, and more than double the United States, we will see a lot more traditional heavy industry close down very soon. That will get even worse when the new round of carbon border taxes come into force, driving up the price of imported raw materials.
If any factories survive that blizzard of extra costs it will be a miracle. Meanwhile, those “well-paid industrial jobs” have proved to be largely a mirage. The trade unions are already getting anxious about the impact on their members, and rightly so. It is going to be a bloodbath.
https://archive.ph/NKCZV