Germany are planning to clearly break the EU rules to subsidise energy intensive industry being crippled by the high cost of renewables and ridiculous energy policy. Will the EU stop them? Unlikely. politico.eu/article/german…

Some of our country's brightest minds have been arguing about whether Walkers’ Sensations Poppadoms are enough like potato crisps to be subject to Value Added Tax That the design of our tax system makes this an argument worth having is outrageous. on.ft.com/4myxG6o

“There is no prize for being the first country in the world to decarbonise… It is unilateral economic disarmament. It is impoverishing people in our country and further deindustrialising what remains of our industrial base. This has to end.” Robert Jenrick tells Institute of Economic Affairs.

📎 "Once you've done it, people are usually like, well, why on earth didn't we do this years ago?" Robert Jenrick explains how deregulation during COVID proved most government rules are pointless barriers.

I wouldn’t necessarily frame this as a way to boost the birth rate (financial incentives only seem to make a difference if they are massive) but I do think it is good tax policy... 🧵(1/8)

Why is nuclear energy expensive? Because regulators force major redesigns of power plants to cut the background radiation they emit by as much as you ingest when you eat a banana.

This is interesting as likely a growing area of shareholder activism. The underlying point is simple, funds fiduciary duty is to maximise returns for their beneficiares. If you layer ESG goals onto that, you are prioritising things that you know may do the opposite. You may

Trying to analyse the UK's energy market is just horrible notes Kathryn Porter watt-logic.com/2025/05/30/hig…

The The Spectator economics column reminds us that subsidising energy bills is deeply unwise.

DOGE, how not to fight the rule of lawyers.

Just as we should be seeking to reindustrialise, Keir Starmer is planning to link the UK to the EU's carbon pricing mechanism. This will be lethal for energy intensive industries - whose output is already down a third in just 3 years. And our share of global trade is falling.

Wholesale electricity prices back down to where they were in late 2018. Why is the latest electricity price cap 66% higher than Oct18-Mar19 price cap? #CostOfNetZero

The media often comments on the way we set electricity prices using gas as if this is some bizarre quirk of the British power market. It's not. It's the way every de-regulated electricity market in the world sets its prices! In my latest video I explain what marginal pricing

I find it fascinating that with no hint of doubt that the head of the EU thinks ‘a rules based order’ is an end in itself, rather than a means to ends that matter like prosperity and the good life. At issue is that an excess of rules and order cripple the outcomes. Better than

🚨 'The Net Zero Straitjacket' outlines how Net Zero is driving energy prices higher, crushing industrial competitiveness, and stripping the UK of energy sovereignty.

To be fair, that will save money on their energy bills.

Tax is the confiscation of our property by those who want to spend it on their priorities rather than ours. It strips us of the ability to make our own choices and is nothing to be “proud” of. Our problem is not that people are taxed too little, but that govt spends too much.

If renewables are so cheap, why do we need to raise taxes to pay for them? 🫤