As President Trump tries to regain control of the crisis created by his war of choice in Iran, much of the rest of the world is in a struggle to secure energy resources. In Britain, pressure on the Government to drop its commitments against North Sea oil and gas production is intensifying.
The debate no longer divides on Left-Right, Labour-Conservative lines, with Chancellor Rachel Reeves, unions and even a caucus of Labour MPs putting the spotlight on Ed Miliband, on whom the Prime Minister has said the decision rests.
While we wait for a clear answer from the
Government about how rising energy prices are going to be managed, it’s
worth repeating the point that greens from all parties have blocked
vastly more energy than any mad mullah has.
This crisis puts me
in mind of earlier energy crises and their causes and the lessons that
ought to have been learnt from them. The first I can remember properly
is the fuel protests around the turn of the century in response to
rising taxes impacting UK logistics firms. There have been other energy
shocks and today’s is being compared with those of the 1970s. But crises
emerge out of particular circumstances that are often much longer in
the making. Since the 90s, it has not been angry truck drivers that have
blocked energy infrastructure: it is European governments and the EU....<<<Read More>>>...