As Norway threatens to cut off the UK from electricity at times of low
wind speeds, it’s a sign of a growing energy nationalism globally that
leaves Labour’s short-sighted Net Zero plans in tatters, says Andy Mayer
in the Telegraph. Here’s an excerpt.
Norway’s Government, whose coalition ended this week,
is not the first to collapse over bad energy policies linked to mad
climate politics. … It may, however, be even more consequential for the
UK.
The politics of the collapse are quite dull, but echo
growing global alarm over high prices linked to the high cost of a
low-carbon transition.
The populist Eurosceptic Centre Party
(and others on the Right) object to Norwegians paying more for their
domestic power due to demand for their hydropower reserves abroad. They
particularly object to EU Directives that would undermine their domestic
sovereignty to withhold those reserves for their own use, or to shield
them from an energy crisis. They take issue with the poor energy
decisions made by their neighbours (especially Germany) which have
inflamed the problem.
This leaves the pro-green, pro-EU
Norwegian Labour party solely in charge, but with no working majority
and a General Election no later than September, which on current polls
is likely to favour a nationalist populist coalition....<<<Read More>>>...
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