Externalities such as destroying your manufacturing base and eroding living standards and middle-class wealth by having 4x higher electricity costs than a country like China which emits 2x more CO2 per capita?
Rest assured that the UK would have damaged manufacturing and living standards regardless of renewables. It is just too complicated and expensive to build things. That not only damages the things you mentioned but renewables, gas and nuclear deployment.
But yeah bet against the Chinese solar and battery industries. And bet in favour of cheap plentiful gas in northern Europe.
Rest assured that the UK would have damaged manufacturing and living standards regardless of renewables. It is just too complicated and expensive to build things. That not only damages the things you mentioned but renewables, gas and nuclear deployment.
But yeah bet against the Chinese solar and battery industries. And bet in favour of cheap plentiful gas in northern Europe.