Reply To: Climate, the science, politics, economics and anything else


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#77462
Clark

The UK wholesale price of electricity just went through the roof, up by over a factor of thirty, though I expect this to be transitory. The UK has a lot of its modern gas-fired power stations offline for maintenance, and European gas storage is unusually low for this time of year. The UK is very vulnerable now; not only are we out of the EU and the mutual obligation treaties that protected us, we’re also at the arse end of the European supply networks. Things had better improve or we’re in for a rough ride this winter.