The UK's energy policy over decades (and its reliance on the market) has now bitten us in the backside;

rather than have a strategic view of energy security, our political class have been convinced that markets would offer us energy at all times because it was in the sellers' interest.

The problem with such economic approaches is they assume that our markets relations are somehow inoculated from any wider disruption... it now turns out that this is very much not the case!

#energy #politics

@ChrisMayLA6 It's only the same as what happened with Ukraine.
@JustinMac84 @ChrisMayLA6 If China were ever to move in on Taiwan, we'd be in the same position with digital technology rather than oil. The effects would be less immediate, but just as far reaching.

@kbm0 @JustinMac84 @ChrisMayLA6
Agreed. Production computer chips is a global industry. Taiwan is fabricates the best and fastest chips. However, the designs are usually US, and more importantly, the fabrication relies on equipment designed and made in the Netherlands and Germany.

US racism had a big part in Taiwan's success in chips making