Doctor Richard North’s most excellent post today makes troubling reading!
GOTO: https://www.turbulenttimes.co.uk/news/front-page/energy-a-good-time-to-panic/
However, I am not as fearful as some about the winter coming.
William Dodd (29th May 1729 – 27th June 1777) was an Anglican clergyman and a man of letters. He lived extravagantly, and was nicknamed the “Macaroni Parson”. He dabbled in forgery in an effort to clear his debts, and was caught and convicted. Despite a public campaign for a Royal pardon, in which he received the assistance of Samuel Johnson, he was hanged at Tyburn for forgery. Dodd’s sermon The Convict’s Address to his unhappy Brethren was largely written by Samuel Johnson to be used as Dodd’s own. When one of Johnson’s friends doubted the authorship, Johnson, in order to protect Dodd, made his famous remark “Depend upon it Sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully”.
One man who will be very well aware of how the PRESENT generation of voters will react to having their lives so dreadfully disrupted and inconvenienced with extended blackouts during the upcoming festive season will be a certain Alexander Boris de Pfeffel Johnson, Prime Minister of the United Kingdom!
You can bet your bottom £/$/€ that our Dearly Beloved and Esteemed Prime Minister will be drumming it in to his fellow cabinet ministers that their collective fate depends upon avoiding blackouts over winter!
This of course will be done by rationing!
So: Who will face the rationing?
British business!
If there is a shortage of power generating capacity – brought about by the Almighty NOT sending enough wind from the right direction and in the right strength – it will be industry and non retail commerce who will bear the brunt of the power cuts!
First Priority users of electrical power will be: The NHS and Emergency Services.
Second Priority: Police and Prisons
Third Priority: Care homes.
Fourth Priority: Seventh: Farmers and food manufacturers.
Fifth Priority: Central government offices
Sixth Priority: Local government offices.
Seventh Priority: Domestic electricity users.
Last: non retail British business and commerce.
Therefore, IF we have a cold, windless winter expect your employer Dear Reader to shut down and expect another bout of furlough! After all, there is already the administrative machinery in place!
As for an increase in interest rates?
We now can expect to witness the surreal phenomenon of a dual positive correlation between the temperature and interest rates and the wind strength! The lower the temperature and the lower the wind speed, the lower the interest rates, the higher the temperature and the higher the wind speed, the higher the interest rates!
You could not make this up!