Another great pod. Adam Bell was interesting. Obviously the argument for more wind power quicker, is even stronger after the latest war in Iran has pushed oil and gas prices up 2X. But is the price of energy is set at the margin (not the average) then until we get all gas out our system, won't these global price swings screw us anyway? (as an aside, I suspect Ed Miliband is also worried that Reform will win the next election and wants to lock in as much renewables as possible before that.).
Another great pod. Adam Bell was interesting. Obviously the argument for more wind power quicker, is even stronger after the latest war in Iran has pushed oil and gas prices up 2X. But is the price of energy is set at the margin (not the average) then until we get all gas out our system, won't these global price swings screw us anyway? (as an aside, I suspect Ed Miliband is also worried that Reform will win the next election and wants to lock in as much renewables as possible before that.).