Net Zero: Premeditated Industrial Destruction

The UK’s energy taxes make its industrial electricity the most expensive in the world. This is causing the closure of public sports and leisure facilities, and, more notably, together with the Government’s other Net Zero policies, causing investment in AI and data centres to locate in countries other than the UK.

The AI industry, along with Net Zero, is an industry that the UK government frequently claims will create employment and grow the UK economy.

It is not just industry that is being devastated by the UK’s self-inflicted high energy costs – sports, leisure and events venues also consume large amounts of energy and have had to consider their viability over the last few years. These businesses generally do not qualify as Energy Intensive Industries for discounted Emissions Trading Scheme (“ETS”) charges, but they will be subsidising the ETS costs of the industries that do qualify...<<<Read More>>>...