Asset Sweating: Britain’s Energy Crisis
Arthur Downing, 24 September 2026
For the second time in five years, Britain is experiencing an energy crisis. The political debate has coalesced around two proposed solutions. The first, advocated by the ‘Drill, baby, drill’ contingent, favours fast-tracking new oil and gas licences and reducing taxes on fossil fuel companies. Its proponents point to the Norwegian energy system as a model, but don’t...

