As an aside, I’ve long been looking for a way to “short” this propaganda pyramid.
Well it seems there is one !
However, it is a double edged sword as far as I can see
In the Uk we are “World leaders in climate change reducion” apparently !
We have something which has slid past without a demurr called ;
THe “Climate Change Act” introduced a few years ago which commits us AT LAW to reduce carbon emissions by 80% - Apparently by the year 2050 ! and Petrol and diesel cars will not n=be legally manufactured or sold in uk by 2040.
I don’t know much about this “Act” (Yet) except that it is currently forecast to cost us over £1000,BILLION ! - ie around the same as our own GDP !
So we are clearly Not going to be able to “make” enough Electricity to comply with that “Act” by 2050. This will have a disastrous effect on what remains of our Industry and Trains systems and hike our debt out of reach ! (which will only provoke additional “Austerity” - in true 1929 fashion. !
Reluctantly I have to say "We are stone dead " !
Forget the “brexit” rubbish - This single Act of totally unnecessary self destruction, WILL drop us to 3rd world status !
For those of you lucky enough to live in China, India, Russia or any of the other countries where you are taking no notice of this “Western Groupthink” - It’s a fairly long term investment - but just “Short” anything “UK” - be that shares, currency, Property - anything !
For those of you in USA - “God save Donald Trump” !
Combined with our massive National Debt and dead Manufacturing Industry, There is no way we can work our way out of this !