Electricity Blackouts, Price Caps, No Coal and Renewables


Just a little thought really, sparked by this placing of stories on the Telegraph’s website:

Electricity problems

What could the connection be?

Possibly that price caps discourage investment in a sector. That planning the insistence upon no coal and the use of renewables leads to instability in supply – and thus frequency – both of which lead to the risk of blackouts.

Aren’t we all so lucky that the authorities have taken no notice whatsoever of the settled science on climate change and decided to solve the problem by having a carbon tax. You know, as every economist has been screaming since the moment the issue was first mentioned?

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