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Now, let’s get something clear here. I’m totally on side with the climate agenda. The world is warming and we have to to something about it. Here in our place in Hong Kong, we have solar roof panels. Our grid electricity is clean nuclear power from Daya bay. Our home CO2 emissions are Net Negative. Never mind Net Zero!
But, talking of the Green Economy:
Ed Miliband, the "Shadow Secretary of State for Energy Security and Net Zero”, is full of crock.
In his X-post above he claims green energy “cuts bills, creates jobs and boosts energy security”.
He’s wrong on all three counts.
Look at the countries that have gone furthest and quicker on shifting to renewables, the U.K., Germany and Australia. In all three energy bills are higher, the supply is less secure and there have been precious few high-quality jobs created.
Meantime, Hong Kong emissions are a third of those in the Australia, half of Germany, less than the UK. Our electricity (and natural gas) prices are amongst the lowest in the world, and our reliability rates approach 100%.
It’s time to stop the nonsense, Ed, and tell the real story. And then get on with it. Trying to gas-light people will only backfire. Boom! People don’t believe you any more.
ADDED: I’m wondering if “Net Zero” and “Energy Security” are mutually exclusive. The more one relies on renewables, as far as our experience, like in Germany, tells us, the less the security of supply. It’s been so bad in Germany that they’ve had to reopen some coal-fired plants. You must have baseload power and if that’s not going to be gas-fired then it must be nuclear.
And in some places they’re closing nuclear down and replacing it with Gas. That’s crazy as it raises Carbon emissions.
