Net Zero policies are pushing up inflation and hitting economic growth, a top Bank of England policymaker has warned – though she does not see that as a reason to oppose them. The Telegraph has more.
Climate change policies including carbon taxes and emissions trading schemes risk raising costs for families as companies pass the extra costs on to their customers, said Catherine Mann, a member of the interest rate-setting Monetary Policy Committee.
Economists have found “that carbon taxes, public investments, and subsidies are all inflationary”, she told an audience at the University of Oxford.
Ms. Mann added: “Evidence has suggested upward pressure on inflation [and] downward effects on output.”
The warning comes at a tough time for the Bank of England and for British households, with inflation still running at 6.7%. This is more than three times the Bank’s 2% target. At the same time the economy is flatlining.
It comes after the Government rowed back on some of its Net Zero policies, delaying a ban on the sale of new petrol and diesel cars from 2030 to 2035. In September the Prime Minister also said he would delay the ban on new oil-fired boilers from 2026 to 2035 and increase grants for heat pumps.
The Bank of England itself has faced criticism for its focus on climate change, a move promoted by former Governor Mark Carney in departure from its traditional role of concentrating on interest rates and the state of the banking system.
But Ms. Mann hit back at this criticism on Monday, arguing the Bank’s interest in climate change and Net Zero policies is critical because they affect inflation.
“Not only is it within my remit to respond to the macroeconomic effects of climate change, but, in my view, my remit requires me to do so,” she said.
“When climate change has macroeconomic effects – whether physical impacts from extreme weather events and higher average temperatures or transition effects associated with transforming to a Net Zero economy, including explicit implications for inflation – it becomes a concern for monetary policymakers, directly within a price stability mandate.
“That applies whether the monetary policymaker’s remit includes a reference to climate change or not.”
Ms. Mann, who has consistently voted for higher interest rates than the majority of the nine-strong MPC, said Net Zero policies affect inflation as governments seek to push businesses away from established, but polluting production methods and into new greener methods.
But this means piling extra costs onto polluting businesses “presumably to be passed on fully or in part to consumers, which prompts the behavioural change needed to reduce emissions”.
Even if consumers themselves choose to buy less polluting products, the extra demand will push up prices until companies can boost the supply of the greener goods and services, Ms. Mann added.
Worth reading in full.
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Disturbing Murder on Film in Harold Wood station of 87 year old Bernard Fowler by 22 year old Miles Skai !! Any news or will it go the way of the C-nt in Nottingham !!
I’ve seen this story, the purp sounds British and there seems to be no pictures of him available? Are they protecting his identity by any chance? Did they protect this 87 year old with as much vigour?
One strange detail is that the pensioner walked to the station in the pre-dawn darkness before he was attacked at 4:30 in the morning. What on earth was a pensioner doing walking alone down a city street at 4:30 in the morning, and how could he imagine he would be safe doing that, when drug addicts are prowling about?
I don’t understand why certain people, such as Konstantin Kisin, won’t go anywhere near Tommy Robinson. Surely the poor guy’s been vindicated by now, plus he’s simmered down a fair bit over the years and since having his own family. Here’s Bruce Bawer ( this is who you keep plugging isn’t it, Varmint? ) talking about this and the latest drama in parliament;
”Some of Kisin’s followers also mentioned Tommy Robinson, who many years ago began kicking up a fuss about the Muslim rape gangs in many English towns and cities – gangs whose monstrous exploits were ignored for decades by the very same cops, journalists, judges, and civil servants who harassed, smeared, and imprisoned Tommy for daring to draw attention to those gangs, thereby supposedly threatening “social cohesion” and inciting “Islamophobia.”
Even Kisin, sadly, has gone with the flow, happily interviewing people like Douglas Murray and Margaret Oliver about the rape gangs but consistently assuring the viewers of his “Triggernometry” podcast that he’d never give a platform to the likes of Tommy Robinson. It’s hard not to feel – and not for the first time – that if Tommy had a posh Oxbridge accent instead of sounding like the working-class Luton bloke that he is, he’d be treated a lot more gently, and taken a lot more seriously, by certain individuals.
But if we’re talking about apologies, I daresay that Kisin himself, along with millions of his countrymen, owes a big one to Tommy Robinson, who for years has been disrespected, dismissed, and demonized for saying precisely the same things – no more and no less – that Kisin said the other day in his Free Press article.
All this is happening, moreover, at a time when the British police have thoroughly abandoned the internationally admired (and copied) approach to modern policing that was introduced in the 19th century by Sir Robert Peel and have replaced it with a two-tier system under which hysterical calls for genocide by savage Muslims brandishing the Palestinian flag are respectfully tolerated even as native Brits who pray quietly on the street or wave the Union Jack are unceremoniously hauled off like the lowest of thugs.”
https://www.frontpagemag.com/in-britain-another-step-toward-the-abyss/
“It’s hard not to feel – and not for the first time – that if Tommy had a posh Oxbridge accent instead of sounding like the working-class Luton bloke that he is, he’d be treated a lot more gently, and taken a lot more seriously, by certain individuals.”
As I posted yesterday, my suspicion is that the white working class are viewed as dumb racist thugs by a lot of middle class “liberal” types (though Kisin strikes me as a bit better than that so not sure of his reasons).
I think you’re right, but the leftists et al need someone around to point out ‘far right’ so I guess he’ll be kept around for future ‘far right’ use whenever needed
We all seem to have become “far right”. I always thought I had pretty moderate, middle of the road views.
As I’ve said before, “right wing” in the English dictionary just means “Conservative”, wanting to protect the traditional culture of their nation.
“Far Right” just means “Very Conservative”, regardless of how the Communist Subversives have tried to twist that term.
I go as far as to say common sense veiws Tof
Could you define “working class” and why it is relevant? Why does he still go by the pseudonym of “Tommy Robinson”?
He seems to be a well-backed activist now but that means things may not be what they appear to be.
“The support Robinson has received from a web of Israel-backing groups may be about more than just protecting ‘free speech.'”
https://www.timesofisrael.com/why-are-us-pro-israel-groups-boosting-a-far-right-anti-muslim-uk-extremist/
I can’t define working class other than I know it when I see it but I guess it’s subjective anyway. It’s relevant to my point and to the point I was agreeing with in the original post that social class may influence how people are seen even when expressing essentially the same views.
I don’t know much about Robinson, but I don’t think it’s relevant to the general point I was making. It’s nice to find people you can admire, but usually they end up disappointing so I try to focus on views and actions, though obviously some background info may be useful to inform what you think people’s motivations are. Just because someone is wrong about one thing doesn’t mean they are wrong about everything, and vice-versa.
His motivations may be sincere but his history of actions and affiliations may have shown potential as a useful tool (disposable asset) for other interests.
Which name do you think would be perceived as more appealing to what might be considered a working class audience?
a) Stephen Christopher Yaxley-Lennon
b) Stephen Christopher Yaxley
c) Tommy Robinson
So?
I wouldn’t trust Kisin as far as I could throw him. He really gives me the creeps.
He seems OK to me but see above regarding people – I don’t need to “trust” Kisin, I just see him expressing some views which I agree with, views that need to be expressed, and he does it quite well. Doesn’t mean I agree with everything he says, or think he’d make a good Emperor or whatever.
For so many of these people it’s just “sound bytes”, like Suella Braverman, Nigel Farage and all the rest. Certain Globalists are chosen to play the part of “Patriots”. It’s all just “Theatre for the Peasants”.
I expect that’s true of at least some of them
Absolutely spot on post by Mogwai. Nigel Farage did the same, calling Tommy Robinson “scum” or some other unjust epithet, when all he was doing was trying to protect British children from Muslim Rape Gangs. Nigel was busy ordering his own UKIP candidates to withdraw from the last election at the last minute, effectively destroying his own party and handing the election to the Tories. We see the result.
To be fair to the genuine, dedicated Indigenous British police officers desperately trying to do their jobs, their ranks have been overwhelmed by “diversity hires” and Marxist Common Purpose Subversives placed in high positions.
Cheers Heretic.
Though I am merely a cut and paste extraordinaire.
But “cut & paste” is vitally important, in disseminating information and raising awareness, which is what The Daily Sceptic is all about. So long may you continue!
Getting a bit wary of KK lately , am I wrong ?
World Economic Forum Will End Freedom – latest leaflet to print at home and deliver to neighbours or forward to politicians, media, friends online.
Wednesday Morning The Bader Way, Miles Way, Mohawk Way, Woodley Wokingham
On a quiet junction we got a very positive response.
There was even a V for Victory sign from one driver.
I’m sorry, but it looks like someone is using the Daily Sceptic comments section to get their own photo published every single day, ignoring the “News Round-Up” news completely. I thought there were Daily Sceptic Forums for that kind of thing. If it were truly the message and not the person being promoted, then the signs would be held higher to obscure the face. That is just my personal view.
The fact that there are people committed enough to push the anti Agenda 2030 line is good enough for me. I doubt they do it for the sake of personal publicity and even if they do they are welcome to it. We see enough of treasonous slime balls like Fishy and Kneel.
But using this website to publish a photo of themselves on here every single day? It seems less like commitment and more like attention-seeking to me, but that’s just my opinion.
Re: Liz Truss comments.
To be fair, the conservatives themselves have done a jolly good job to make the U.K. a “hostile environment for conservatives” whilst making it nearly a hell on Earth for most everyone else.
The “Conservatives”, to be precise. Nothing conservative about them whatsoever.
Damned right.
They believe Islam is a threat but we won’t see a change of relationship with Saudi or any other Islamic ally with links to terrorism or promoting extremist beliefs. However, it does seem to be a good excuse to try and bring in greater restrictions on protests.
The threat was so great it only hecame a concern when Keir Starmer didn’t want a vote which may have been a bit embarrassing.
The same establishment and media that brought us the “pandemic”, the erosion of culture and mass immigration and the very threat they now claim to fear.
Freedom fighters are getting younger
What’s really going on?
Remember this?
‘While the 9th Directorate of the FSB’s Fifth Service Department for Operational Information prepared for the occupation of Ukraine from July 2021, the 11th Unit of the Department for Operational Information, responsible for Moldova, was assessing plans for the next round of operations under the direction of Major General Dmitry Milyutin. In November 2020, the FSB’s strategic objective in Moldova was to bring about ‘The full restoration of the strategic partnership between Moldova and the Russian Federation’
FSB Outline of Operational Aims and Means, 21 November 2021.
Here you go:
‘The Congress of Transnistrian Deputies adopted seven decisions, including a request to the Russian State Duma and Federation Council for Russian “defense” of Transnistria in response to alleged increasing pressures from Moldova. Transnistrian officials specifically used “zashchita” (защита), a word that means both “defense” and “protection” in their request, likely to set conditions for the Kremlin to interpret “defense” in a military sense if it so chooses. Transnistrian officials invoked the obligations of the Russian “peacekeeping mission” in Transnistria and the roughly 220,000 Russian citizens they claim are residing in Transnistria in their request for Russian “defense.” Transnistrian officials likely aim for these appeals to serve as the basis for any potential Russian intervention in Transnistria and Moldova in the near or long term as they cohere with Russian justifications for previous interventions, most notably its invasions of Ukraine’
https://t.me/novostipmrcom/53567 28 Feb. 2024
‘The most likely course of action is that the Kremlin will use the Congress as a springboard to intensify hybrid operations aimed a destabilizing and further polarizing Moldova ahead of Moldova-European Union accession negotiations and the upcoming Moldovan presidential election in June and November 2024, respectively. The most dangerous course of action is that the Kremlin may decide to formally annex Transnistria in the future in order to justify military intervention against Moldova in the long-term.’
ISW
Well, it’s all coming out now …
https://www.telegraph.co.uk/world-news/2024/02/28/british-soldiers-help-ukraine-fire-missiles-olaf-scholz/
First, the CIA bases are leaked, and then this. What next? The bioweapons labs are real, after all.
“The comments were seen as endangering British military and diplomatic personnel on the ground.
Tobias Ellwood, the former chairman of the Commons defence committee, said: “This is a flagrant abuse of intelligence deliberately designed to distract from Germany’s reluctance to arm Ukraine with its own long-range missile system. This will no doubt be used by Russia to racket up the escalator ladder.””
How about, instead, ‘Brtiain’s actions are risking a nuclear war’ ?
Both Britain and the U.S. committed to ‘provide assistance to Ukraine, as a non-nuclear-weapon State party to the Treaty on the Non-Proliferation of Nuclear Weapons, if Ukraine should become a victim of an act of aggression’ in 1994, in writing. So did Russia, so Putin was only too well aware of this commitment.
Russia invaded Ukraine in 2014.
As a consequence, ‘U.S. intelligence priorities (from 1 to 5, with 1 the highest) (that) rated most intelligence collection for Ukraine at level 4 or 5, were recently upgraded (in 2014), two security sources said. One said Ukraine was not raised to the highest level until February 28, the day Russian troops began seizing Crimea.’
The CIA then established itself in Ukraine in line with U.S. commitments within the Budapest memorandum of 2014.
Britain has, clearly, done the same, also in line with its 1994 commitments:
‘Britain is known to provide intelligence on Russian targets but it is unclear what level of support is given to Ukrainian troops firing its missiles on the ground.
On Tuesday, the UK Government announced it had a “small number” of soldiers deployed inside Ukraine, specifying only that some were involved in medical training.’
“Russia invaded Ukraine in 2014”
Did they, though? My understanding is that pro-Russian soldiers within the Ukraine military simply defected (to Russia) following the US-instigated coup in Kiev. The Russian army were at the time undertaking military exercises on the border, but never actually invaded.
According to Putin, 15 March 2015:
‘“In order to block and disarm 20,000 well-armed [Ukrainian soldiers], you need a specific set of personnel. And not just in numbers, but with skill. We needed specialists who know how to do it,”
“That’s why I gave orders to the Defense Ministry — why hide it? — to deploy special forces of the GRU (military intelligence) as well as marines and commandos there under the guise of reinforcing security for our military facilities in Crimea,”
https://www.youtube.com/watch?v=4xg6f5McZtM
Elsewhere in Eastern Ukraine?
‘I was the one who pulled the trigger of this war’
‘If our unit hadn’t crossed the border, everything would have fizzled out — like in [the Ukrainian city of] Kharkiv, like in Odessa’
‘There would have been several dozen killed, burned, detained. And that would have been the end of it. But the flywheel of the war, which is continuing to this day, was spun by our unit. We mixed up all the cards on the table’
Colonel Igor Girkin (Retd), Russian Federal Security Service (FSB)
“Centenarian ‘blue zones’: a paradise too good to be true?”
I have no doubt this may be true but how does someone defrauding the pension system shift to ‘Oh dear they’ve died’ once investigations start, without providing a body?
Asking for a friend.
Mrs SoR has just pointed out that a more pertinent question would be how many of the, now sadly deceased, supercentenarians died while visiting relatives abroad?
Now slightly worried.
See above.
Below…
But I am scrolling up.
This was also reported in Tokyo a few years ago when it was found that a lot of pension fraud was being carried out by relatives who somehow managed to carry on claiming – not sure how they disposed of the bodies. (An Economist article if I remember correctly)
“I have no doubt this may be true but how does someone defrauding the pension system shift to ‘Oh dear they’ve died’ once investigations start, without providing a body?”
When these cases turn up the instructions from senior civil servants is to “bury it,” – couldn’t resist.
The Indian subcontinent contingent of our pensioner class like to “go home” when they reach UK pension age because they can live like royalty on their benefits. Pensions usually paid in to UK accounts and drawn on in Pakistan or wherever. If our fraud staff get suspicious ie very old claimants they might call them in for interview at which point the UK part of the scam gets in touch with the Pension Service and advises Mum / Dad has died whilst on holiday and it is very difficult to obtain paperwork. An excuse always accepted because it saves the Department serious embarrassment.
Of course there is absolutely NO guarantee that the “pensioner” actually existed.
This sort of fraud is rife.
Ex-pats abroad is another good one.
Third World Invaders get expert advice in how to scam the system, and they lie about their age regularly to do so. “Children” over 40 years old so they can sit next to your child in school, “pensioners over 80 years old” so they get extra benefits for years, “single mothers with children” so their Muslim husbands can get each of his four wives and their kids installed in separate council houses of their own as “single mothers”, etc.
Read Daniel Jupp’s “The Gates of Hell, on the philanthropath Bill Gates for more on this, and his scandalous vax programmes in India which have harmed hundreds of thousands. Gates is a malignant cancer and needs removing.
Colin Todhunter who writes for Off-G is also very good on this subject.
https://off-guardian.org/2024/02/20/farmers-protest-in-india-reignites-a-struggle-for-the-future-of-food-and-agriculture/
“Sadiq Khan ‘is facing death threats from Islamists”
And the public have to foot the bill for his protection? Oi oi oi
The Khant facing “death threats” from islamists?
And I’m a chinaman
Pure gaslighting.
I expect the Khant will set up an hashtag “MeToo” page shortly.
What a khant.
“A chinaman”
steady on Hux, you’ll be dragged away and interrogated by the thought police, sorry, the Met!
“Rishi Sunak says officers need to intervene more as pro-Palestinian demonstrators defy the Home Secretary’s call to wind down their actions”
Need? Need?? Your the boss, ORDER them to do their jobs and uphold the law ffs!!
Aarrrrrgh!
What law exactly means that they should “wind down their actions”?
Their own laws of hate speech! Arrests are required by law for hate speech “river to the sea” for example
Waving the black islamist flag in public places for example, that flag is banned by law the police are bound by law to act and choose not to!
Thanks. As I’ve said before, I don’t think “hate speech” should be legally regulated because it’s yet another easy way for whoever has power to shut down debate.
I am a bit disappointed and puzzled by the seemingly anti-free-speech position that DS has taken with regard to the Gaza business, especially given TY’s involvement with the generally excellent FSU. I know it’s a polarising issue and people are entitled to their views, but I think we must stick to our guns and let people express those views and try not to descend to labelling them to shut down debate. (This last paragraph is a general comment and not aimed at you Dinger64).
Agreed tof.
I find the whole “incitement to violence” thing very troubling. We should all be able to say anything.
We should all be judged by what we do. It’s simple.
Yours
Free Speech Absolutist
N’ayez pas peur…
I agree, but as I said to Tof, if the law is in place it must be implemented until it is deemed unfair and changed by Parliament
Maybe it’s in the US but is it not also the case that a jury can decide whether a law itself is valid in addition to whether someone is guilty of breaking it?
Waiting for something to be deemed unfair and changed by Parliament would be fine if Parliament was teeming with the best of society, but it isn’t.
O ye of great faith!
Surely even free speech absolutists draw the line at incitement to violence?
But I am massively troubled by concepts like “hate speech” and “offensive language” and “misinformation and disinformation”.
Fair enough, but they made these acts into law! Irreverent of how we belive it should be! I’m not saying it’s right but if you make the laws, you should uphold them or dissolve them, the government can’t have half laws or intermittently available laws for individual officers to make the call
Indeed. Sadly this is all too common.
Very true
“the government can’t have half laws or intermittently available laws for individual officers to make the call”
But they do and the majority go along with it, some without even noticing the contradictions. Where’s the incentive to stop?
I don’t understand what you mean. Would you mind giving a few examplse of the Daily Sceptic being “anti-free-speech” with regard to Boring Gaza?
The word “antisemitic” being thrown around rather too freely (I am sure there are people who are racist against Jews, but I don’t find the term helpful), general focus on pro-Palestinian protests and speech being “hate speech”. But then I am an absolutist and you’re not.
Um… haven’t you just contradicted yourself there, Transmission?
A Free Speech Absolutist saying that some words are “being thrown around rather too freely”? And you know that “hate speech” does not exist in the West. It is an alien concept from a desert tribe in the Middle East, being forcibly imposed upon western democracies against the will of the citizens.
Are you saying that Jews are a “race”, so criticism of them is “racist”? Same for “Islamo-nausea”?
Whereas “Anti-Christianism” is freely allowed without fear of losing your job or being harassed by police or prosecuted or thrown into prison…
I don’t see a contradiction- I am not proposing to ban or censor anything- merely saying that throwing around vague terms doesn’t seem to increase understanding or the exchange of ideas.
I am pretty sure “hate speech” is illegal in some “liberal democracies”, and soon will be in more.
The Jews are somewhat unusual in that race and religion are conflated.
Can I just check: is River to the Sea is unacceptable while waving Palestine or Islamist flags, but perfectly acceptable while waving Israeli or Star of David flags? Because it’s the one thing both sides are in agreement on, aside from incitement to violence against each other.
The essence of “from the river to the see” means no Jewish state can exist in that area so in definitely implies the destruction and extinction of the Jewish state. I don’t know of an equivalent phrase chanted by the Jewish people, please let me know if there is one?
If both sides chant the same saying, then neither should be allowed.
The star of David represents the Jewish poeple as with most flags representing their own peoples, the islamist black flag :
“The image of the black flag has been used as a symbol of religious revolt and engagement in battle (i.e., jihad). In the contemporary Islamist movement, the black flag is used to evoke notions of jihad and of reestablishing the Islamic Caliphate.”
The black flag is itself a motion to arms, not a flag or identity!
Hence, it is illegal!
I know which group I’d be more worried about if threatened by them!
“Sadiq Khan ‘is facing death threats from Islamists’”
In Wikipedia’s page on Far-right Politics, we find:
Islamist extremists are far-right. QED. (Although I accept that political definitions found in Wikipedia are suspect).
Mr Khan is not under threat from ‘the far-Right’ and ‘Islamist extremists’. He’s under threat from far-Right Islamist extremists (and perhaps others).
On the back of yesterday’s item on the immigration propaganda book for kids, James Roguski flags another one on swine flu for kids in the US. Appalling.
https://jamesroguski.substack.com/p/pigs-didnt-start-the-swine-flu
“Northern Ireland veterans’ amnesty ‘incompatible with European human rights rules’”
But the “human rights judges” say it’s ok to give amnesty to every terrorist from the Troubles, as long as they are Catholic?????
Like the IRA murderers of Jean McConville, mother of ten children, Protestant convert to her husband’s Catholicism, who was kidnapped, shot in the head and buried in the sand on a beach, because some of her Catholic neighbours complained that she had helped a British Army soldier who lay wounded outside her front gate. Imagine her terror as she knelt on the beach in the darkness, waiting for the bullet to the back of her head.
Well, I just discovered that the President of the European Court of Human Rights who made this shocking judgment is the Irish Catholic Siofra O’Leary.
No bias there, then, eh?
Penny Mordaunt ripping AB a new one today ! Oh she’s so confident that she is right !! These F- ckers must have been assured of victory to be so smug !!!…