China has been blamed for the UK’s energy problem, and a move by Beijing and the Kremlin has cut off gas supplies to the West.
CHINA has been blamed for exacerbating the UK’s energy issue by shifting away from coal and importing Russian natural gas.
Former Labour MP Iain Wright has said that China’s activities are the “real explanation” for the UK’s present energy issue. He told GB News that Beijing’s communist administration has expanded Russian natural gas imports to help the country recover economically after the Covid outbreak. Mr Wright claimed that China’s decision to switch to natural gas had stifled supply to Europe and the United Kingdom, contributing to the current shortages.
According to Mr. Wright, who spoke to GB News, “China is fundamentally the cause of the current issue.
“What’s going on in China, and how we’re all linked together in terms of the global energy grid.
“China has begun to ramp up manufacturing in the aftermath of the outbreak.
“In the previous few months, it has increased by around 16 percent.
“Coal is being phased out for a variety of reasons, some of which are related to climate change and others to accidents.
“They are, however, increasingly reliant on natural gas.
“Russia is selling more natural gas to China at the expense of supplies to Western Europe.
“That is something we are having to deal with.
“This is the ideal storm.”
It comes after France 24 Correspondent Charles Pellegrin cautioned that raising energy prices for Chinese households could lead to a revolt against Xi Jinping’s rule if living conditions fall.
According to Mr. Pellegrin, who spoke to France 24: “According to Bloomberg, Beijing is considering hiking the price of electricity for domestic consumers, or families.
“This could have some fascinating repercussions, because boosting home electricity prices could eventually lead to inflation, and inflation, in turn, can lead to decreased living standards.
“Lowering living standards in the long run leads to societal upheaval.
“The authorities in Beijing place a high value on social stability since it ensures that no one questions their authority.
“As a result, they are in a difficult situation.
“Because they’ve set these environmental goals: zero carbon by 2060 and peak carbon by 2030.
“However, they must keep the lights on.”