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Tim Watkins

Tories poised to destroy Britain’s energy industry

Disused transformers

In a move straight out of the failed Ed Miliband play-book, Theresa May has announced plans to introduce a price cap on energy bills.  May’s proposals are intended to cut £100 off the average annual bill.  However, the proposal has been met with disapproval by investors and energy insiders. The …

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The killer problems that politicians dare not even mention

Existential crises

Once again the people of Britain have been forced into an election that they did not want.  Facing opposition from her own party, observing the early indicators of a coming recession, and faced by a divided opposition, British Prime Minister Theresa May has chosen to trigger an early general election. …

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America’s bloody future

Second US Civil War

Conventional wisdom has it that all new governments get to enjoy a “100 days” honeymoon in which they can implement the most pressing of their campaign promises.  After that, all bets are off because of what former UK Prime Minister Harold Macmillan supposedly called “events dear boy, events.”  For Donald …

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Britain needs an energy Czar… or an energy miracle

Wind farm

One of the ways that you know the UK’s energy system is in jeopardy is when its most grounded and considered newspaper – the Financial Times – begins to sound the alarm: “The UK is in theory an attractive market, since few developed countries are expanding nuclear generation, and approval …

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The gig economy is eating Britain from the inside

Gig economy

Believe it or not, the UK is currently experiencing ‘full-employment.’  That is, while 4.7 percent of working age people are officially unemployed, most are what economists used to call ‘frictional’ – they are moving between jobs or moving between work and education. At face value, this is good news.  Indeed, …

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Is it time to use the N-word again?

Electricity grid

Here’s some “great news:” California now generates so much solar energy that electricity prices have gone negative.  According to Ian Johnston at the Independent: “In March, during the hours of 8am to 2pm, system average hourly prices were frequently at or below $0 per megawatt-hour.” Similar stories regularly hit the …

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Electric cars derailed

EV charger

Legacy infrastructure remains the key advantage for fossil fuel technologies.  This is true in electricity generation, where pre-existing coal and gas power stations can supply electricity at a cheaper price than can be achieved when renewables and especially nuclear are built from scratch.  The same is true for vehicles.  One …

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United Airlines: “the singularity” in action

United Airlines

Getting beaten up and thrown off the plane by a bunch of goons is simply the United Airlines’ digital version of a long-established banking practice according to Izabella Kaminska at the Financial Times: “Some might call it “bad public relations”, but we would prefer to call it a sign of things …

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Sinclair’s law in action

Sinclair's Law

American author and occasional politician Upton Beall Sinclair, Jr. once famously observed that: “It is difficult to get a man to understand something, when his salary depends upon his not understanding it!” Nowhere is the truth of this observation more clearly seen than in Ryanair CEO Michael O’Leary’s recent dismissal of …

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