Grant Shapps adds that the Government is focussing on other energy sources such as nuclear power.
Jonathan Reynolds says “we should be making those plans” and criticises government “complacency”.
The Chancellor should not feel constrained by the OBR’s forecasts into limiting the actions he can take.
The Russian invasion in Ukraine is not a reason to give up on it. Rather, it is a reason to redouble efforts to get there as quickly as possible.
The third in a series of articles on how the Chancellor should approach the upcoming Spring Statement.
We need to signal that measures which would amount to war, such as a no-fly zone, should now be under consideration.
Although we should arm Ukraine, we should not fan the flames of a wider European war – but tighten our economic grip in a way never before seen.
Our troubles will be compounded by Ministers’ import promotion policies, most pronounced in the Business, Energy and Agriculture departments.
Watch in particular for interaction between Ukrainian refugees and small boats as the year lengthens.
Geopolitical risks create uncertainty in energy markets as reliability is questioned, pushing up prices and creating resistance to climate change goals.
We need to think a little less about the targets, and much more about what people can afford.
Backing traditional industries is very far from the electoral liability that strategists fear.
The Business Secretary needs to review the mesh of subsidies, regulations, penalty taxes and import arrangements that passes for an energy policy.
This list of allies and partners includes Australia, Israel, South Korea, Japan, Oman, Qatar and Singapore.