What Experts Are Getting Wrong About The UK Energy Crisis

The headlines are scary: natural gas price in the UK quadruples in 2021, Russians accused of manipulating natural gas supply, gas price hikes force closure of fertilizer plants, leading to a shortage of carbon dioxide needed to stun animals before slaughter, which could lead to a meat shortage. On top of that, fire closes the main electric transmission line to the Continent, and the government is in a dither about what to do. But there is another story, a financial one, that we want to focus on. The UK’s energy suppliers, the firms that buy…