A short route to deindustrialisation?
Think tank: Civitas
Author(s): Jim McConalogue
May 16, 2023
This report from UK think tank Civitas looks at the UK’s Emissions Trading Scheme (ETS) and the regulation of carbon emissions on energy intensive industries.
In this analysis, Jim McConalogue (CEO, Civitas) looks at the UK’s Emissions Trading Scheme (ETS) and the regulation of carbon emissions on energy intensive industries. This new publication asks whether energy and industrial policy is helping needlessly to render unprofitable energy intensive industries. Investment and recruitment into some of our most important industries may also become harder if they continue to find it difficult to demonstrate profitability, or even the ability to stay above water, in the long-run.
