Reddit/BBC reacts by complaining about jobs and taxpayers leaving
Wise redditor notes that net zero is not to blame for high energy costs destroying industry it's actually privatization 
Net zero is not really to blame for that, although it is a convenient scapegoat.
The issue is that the electricity and broader energy industry has spent the last 35 years living off the inheritance of the nationalised energy industries.
Now that inheritence is finally wearing out and the pseudo market in electricity is collapsing under the weight of its own contradictions.
https://old.reddit.com/r/ukpolitics/comments/1jlq1xa/steel_tycoon_lakshmi_mittal_plans_to_leave_uk/
Bongland has second highest amount of millionaires fleeing
Definitely between a rock & a hard place on this one.
On one hand if you're resident here you should be paying your fair share of taxes.
On the other hand, the UK has the 3rd largest outflow of USD millionaires in the world, behind China & India (in total, not per capita, where we're 1st by some margin). Even with their tax breaks most of these people contributed significantly more to the UK coffers than the average tax payer.
Edit: I lied, we're 2nd as of 2024. https://www.visualcapitalist.com/mapped-millionaire-migration-in-2024/
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This is kinda bullshit. Notice how they keep using phrases like "new steel" and "virgin steel" and "incel steel". They imply that this is somehow better than recycled s*x-haver steel. Actually a big part of the world's steel production has been recycled since around the 1960s or so. This isn't some "green" hippy thing. It takes a heck of a lot of energy and raw materials to make new steel, so it's much cheaper if you can find some scrap and melt it down in an electric arc furnace. And there's plenty of scrap out there: old cars, ships, abandoned railroads.
Blast furnaces have much higher economies of scale too, so there's not much point in having them unless you're gonna go all in. Look at Pohang, Korea on Google Earth and you'll see what I mean. The plant there is the size of an entire city. If you want to be competitive as a virgin you gotta be willing to go that far. You need massive infrastructure. Not just the mill itself but the port where you're bringing in millions of tons of raw materials. You can run a profitable electric arc furnace on a much smaller scale.
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you need existing steel to make recycled steel
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What do you think they're doing with the confiscated butterknives?
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Source?
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the mines
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Seething roastie steel complaining it's used goods no one wants anymore
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Kek
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The UK has been doubling down on fighting all things incel lately; tackling the "iron ore to incel steel" pipeline is a sensible next step.
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its just sad because at one point they were some of the only people on earth even capable of making steel
let alone at scale
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