ObjectinSpace

Bob is right about one thing. You cannot squeeze every last barrel out of the North Sea and pretend it aligns neatly with Net Zero. So yes, we need honesty. But let’s stop pretending the alternative was ever realistic. Global Net Zero had about as much chance of materialising as universal disarmament did at the World Disarmament Conference in the 1930s. The post–Cold War era is over. It ended decisively in 2022 with the Russian invasion of Ukraine. Power politics is back, and hard power still runs on abundant, dense and reliable energy. In practice that means oil, gas, coal, nuclear and hydro. None of this means we cannot decarbonise elements of our economy. But until someone works out how to deter, fight and win wars without hydrocarbons, liberal democracies that fail to secure them risk being bullied and coerced by larger illiberal powers. Liberal democracies like Britain and across Europe have no choice. We must secure our own domestic supplies and aggresively pursue the expansion of new nuclear à la française in the 1970s.

A food crisis in the making - Dutch gas reserves are at ~6% - The Netherlands is the 2nd largest food exporter - 80% of export vegetables come from greenhouses - Those greenhouses depend on gas This is how an energy crisis turns into a food crisis The Hormuz crisis is cascading through the entire global economy

I have no idea how he became a top lawyer either. If he’s supposedly one of the best, it doesn’t say very much about the rest of the profession.

🚨 NEW: Keir Starmer's COBRA meeting on the cost of living has now concluded No 10 said: "The Chancellor, the Governor of the Bank of England, the Energy Secretary and others updated on the situation - all making clear that the best thing we can do for the economy is to de-escalate and bring the conflict to an end. "The Chancellor set out the steps she will take tomorrow - in a statement to Parliament - that will help protect working people from unfair price rises. "She spoke about a plan to detect and crack down on companies if they exploit the crisis in the Middle East. "This will take the form of a new anti-profiteering framework which will help regulators like the CMA to root out price gouging. "This comes after the Prime Minister announced he is looking at giving the Competition and Markets Authority “further teeth” so it can better protect customers from being ripped off. "As part of that, the government will not hesitate to introduce new time-limited, targeted powers for the CMA and other key regulators if that is needed. "The exact powers are being worked through at pace with the Treasury, Department for Business and Trade, and key regulators including the CMA"

Starmer to chair Cobra meeting today on the economic impact of Iran war 'Most people are very concerned,' he said 'I want to make sure that when it comes to the cost of living, we're doing everything we possibly can at a very difficult period like this'

In reality he has continued the work of the Tories