Posted on 08/02/2011 8:13:34 AM PDT by Oldeconomybuyer
British industry has reached a tipping point where the burden imposed by energy and climate change policies will begin to jeopardise jobs and investment, according to the EEF manufacturers association.
The government has significantly underestimated the extra cost of these measures, it added.
UK Industry was already facing energy bills which made them uncompetitive before the substantial additional burden of the unilateral carbon price floor, said Steve Radley, director of policy at the EEF. We have now reached a tipping point where the cumulative burden of UK climate change policy will make it uncompetitive for some sectors to invest and create jobs in the UK.
(Excerpt) Read more at ft.com ...
-Barack Hussein Obama
Climate change policy in the UK and Australia should not be about the cost. It’s about the morality of worshiping a false science god. The cost to reduce pollution can be fruitfully debated all day long. The cost to pacify a fringe infection of climate extortionists will always be too high.
Only true wordsmithing liars can sell the idea that natural meteorological and geological phenomenon are things which man can alter.
If the claim could be made that gravity is lessening due to man-made activity, and you threw enough grant money out there to scientists to prove it, we'd all be wearing magnetic boots in a year to avoid drifting off into the atmosphere.
UK GDP growth has averaged about 0.6% per year over the past decade. Sure took them a long time to figure out that secure, low-cost and reliable energy prices influence GDP growth rates.
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