IEA Energy Analyst Andy Mayer has been quoted in Investors’ Chronicle, arguing that the government should not shield British businesses from international competition, even if their competitors are subsidised by foreign governments.

Andy said:

“If China wishes their citizens to pay for our steel, while the EU does the same for turbines, and the US electric vehicles, all by raising taxes, our reaction should be ‘thank you very much’.

“Meanwhile, we can focus on selling them vaccines, media content and other things we’re good at.”

The full article can be read here.