(The Spectator) UK - How is Britain going green? By shutting down industry
04.Apr.2016
John Shanahan
The Spectator - All European producers face much higher costs than Chinese steelmakers thanks to the EU Emissions Trading System. But Britain imposes its own green taxes on top of this in the form of the Carbon Price Floor and the Renewables Obligation — an epic act of self-harm. If manufacturing simply transfers abroad, that won’t do a thing to reduce global carbon emissions. It is pure industrial suicide.