The price of Britain’s mad fracking ban

The title could also be “The price of Europe’s mad energy policies”. A moderate cost of stable energy is a ticket to wealth for most nations. Not only as it also needs moderate economic freedom, a stable judicial system, and relative non-interference by the state but all those factors are malleable and you need only bits and pieces of them to thrive. But the only way that expensive energy is even conceivable in a successful country is if the country offers such value-added that the cost of energy becomes insignificant. But Europe is hardly a hotbed of innovation. It lags, and it’s expensive. How long for all businesses to leave? 

Linkedin Thread