Britain's Carbon Emissions and the Net Zero Debate

What percentage of global

carbon emissions is Britain responsible for?

Historically or in present terms?

Currently.

About one percent.

One percent. So if we reduce our carbon emissions to

zero and destroy

our economy even more

than we already have, we will

reduce global carbon

emissions by one percent.

That's what we're talking about. Now,

that's what we're talking about, right?

And the promise of net zero was, well, it

doesn't matter that it's one percent

because Britain is a global leader.

We will inspire the world

if we destroy our industry and hand

it over to China, who's

going to make the same things

that we still need, but

dirtier, and then we ship

them back here on ships

that use the dirtiest fuel

imagine-- imaginable. If we

do that, the Chinese

will be inspired to

commit industrial suicide as well.

The Chinese clearly are not as

stupid as our leaders,

so they haven't committed

industrial suicide. That is what net zero has done.

We have the highest industrial

electricity prices in

the developed world. That means we basically cannot make

anything in this

country anymore, and we

will not be able to make anything

in this country anymore

until we let go of this ridiculous

idea that we will inspire other

people to jump off a cliff like

lemmings 'cause we did.

It doesn't, it doesn't work. It's not

going to deliver prosperity.

And James talks about we need a

strong economy and we need net zero.

Those two things are incompatible.

You can't have both.

So either you choose to make

your people prosperous-

That's not what I said

... or you choose to pursue net zero.

That's not what I said.

If that's not what you

said, then, uh, forgive me.

I thought what you said is we need both of those things,

and I'm saying we can't

have both of those things. We're

going to have to abandon completely

the idea of

net zero. Uh,

we can definitely continue to invest in

new

technology, and we should be, and we

should be pursuing newer, cleaner,

cheaper

forms of energy. But

the number one priority of government

policy going

forward should be to deliver

the cheapest possible

re-reliable, abundant

energy that we

can so that, A,

our industry can thrive, and B,

so that you are not paying ridiculous

electricity and gas prices because we have some of the

highest energy prices for

consumers in the

world as well. Net

zero is industrial

suicide, and we've

been committing it for far too

long, and it has to end.