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Rocketing Carbon Prices & A Stagnant Economy–Welcome To The EU Fantasy World

April 17, 2019

By Paul Homewood

 

 

Two items of news from the Telegraph today.

Discuss.

 

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https://www.telegraph.co.uk/business/2019/04/16/rocketing-eu-carbon-prices-spell-big-trouble-careless-companies/

 

image

https://www.telegraph.co.uk/business/2019/04/17/chinas-economy-beats-expectations-stimulus-package-reboots-industrial/

12 Comments
  1. April 17, 2019 2:51 pm

    A scam on a scam by a scam.

  2. John F. Hultquist permalink
    April 17, 2019 4:58 pm

    RE: carbon credits (aka indulgences for a fee)
    Interesting. What could go wrong?

    I recall reading about a once powerful European entity that sold indulgences;
    a target of attacks by Martin Luther.

  3. The Man at the Back permalink
    April 17, 2019 5:54 pm

    Well what a mess. Whenever governments get involved in “running” any market it will always end badly. Way to go yet. As Ronald Reagan said “Don’t just do something – stand there”

    I opened up the first Telegraph article and realising it was Ambrose I lost some interest – I don’t have subscription anyway. I scrolled down to another interesting night follows day topic with an article by Jeremy Warner.

    Mr Warner was pointing to the fact that the UK is a low productivity economy (compared to many others) which means that we create a lot jobs simply because it needs more people to do the work. Surely a feature of all socialist countries ***

    *** please don’t tell me we have a Tory government in power. They are neither Tory, nor in power.

    • bobn permalink
      April 17, 2019 10:44 pm

      Low productivity is largely a product of Govt. The carbon credit scam increases costs and reduces production, employment laws increase costs and reduce production, Health and safety rules and administration increases costs and reduce productivity. It just goes on and on. Govts increase costs and reduce production on a daily basis. Diminishing productivity is Govt policy, so why is Jeremy and others surprised?

    • Gerry, England permalink
      April 18, 2019 1:42 pm

      I think the worst scam is having a party labelled Conservative that is nothing of the sort and hasn’t been since Major took over with no signs of conservatism returning.

      Cheap labour! For example, since the East Europeans were let in by Labour in their hundreds of thousands, car washing has become a hand operation in car parks or old petrol station forecourts. Investment in automated car washes has died out. So with the number of people involved in washing cars increased, the productivity has decreased. Why invest in equipment when a cheap labour supply is available.

      Fruit picking. The industry is worried about getting their cheap pickers but on Food Unwrapped they showed a prototype strawberry picking machine. If the cheap labour supply dries up, in comes the automation. Don’t expect anyone in government to understand this as their brains are fully taxed with breathing and filling in expense claims.

  4. markl permalink
    April 17, 2019 6:03 pm

    What a scam. I wonder how many carbon credits China has bought. (Rhetorical question.)

  5. April 17, 2019 9:20 pm

    Compare and contrast with Alberta, fighting talk from the new premier:

  6. April 18, 2019 11:52 am

    saving the planet is a tough job i guess but it has to be done, no?

    https://tambonthongchai.com/2019/04/16/theend/

    • Gerry, England permalink
      April 18, 2019 1:45 pm

      Saving the planet from global warming zealots is tough when you fighting a multi Trillion dollar industry, ignorant politicians and media and a clique of lying ‘scientists’.

  7. Pat permalink
    April 18, 2019 3:16 pm

    ‘re the Jeremy Warner article, low productivity and low wages are.caused by a large reservoir of workers available from.eastern Europe. As eastern Europe recovers from communism the reservoir will dry up and both wages and productivity will rise. There are signs that this is starting to happen.
    It seems appropriate that the guy charged with sandbagging European industry is called Sandbag. If you raise the cost of.energy that will adversely affect the entire economy.
    Hopefully as people notice that the energy policy.is.seriously affecting their wealth they will start to look seriously.at the need for.it. Clearly not enough.people have been impoverished as yet to bring this.about, but it will happen. A few years that can’t be spun as warm will help matters too, and that is.bound to happen eventually.

  8. It doesn't add up... permalink
    April 18, 2019 11:18 pm

    For some balance on carbon prices:

    https://sandbag.org.uk/carbon-price-viewer/

    We’re back to 2008 levels.

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