COP26: Can it strangle ideology & replace it with logic?

  • Date: 04-Oct-2021
  • Source: Energy Voice
  • Sector:Oil & Gas
  • Country:Middle East
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COP26: Can it strangle ideology & replace it with logic?

I have long been an advocate for the renationalisation of energy. My father was a veteran of both the pre-WW2 private electricity industry and post war nationalisation.

He ended up as a group manager with MANWEB but retired early when the Government announced it was privatising the industry.

Despite having always been a staunch Conservative voter he was wholly opposed to privatisation and forecast pretty accurately the shrinking of a well-respected, global and broad based manufacturing supply chain, the fracturing of the supply companies into increasing numbers of “Carpet Baggers” (his description) the acquisition of large parts of the supply industry by overseas players and as the City realised the potential to make money its involvement would ensure R&D funding would soon disappear in favour of shareholder interest.