Monday 15 August 2022

Conservative Party about to break one of two new records?

On September 5th 2022 in Britain, the Conservative Party will break a new record whoever is elected British Prime Minister: it would be the first Asian Prime Minister or the third female Prime Minister, after a leadership campaign in which there was a very diverse range of candidates.

The original article indicated 'second female Prime Minister' when in fact it should have been said that she would be the third female Prime Minister. We totally forgot Theresa May. 

Candidates openly disagreed regarding many issues and no one knows with any degree of certainty what will the direction of travel of the new Conservative government. The next hurdle is the choice a new Conservative Cabinet to support the agenda of whoever is elected. Expertise and stamina will be in high demand given the kind of problems the new government will have to deal with from the very beginning. There are extremely hard choices ahead. It is all about energy: energy of the chosen team to deal with lack of energy that is pushing up inflation and leading to industrial unrest.

The situation is especially worrying since British woes are directly linked to geopolitical decisions made by the present government of which one was the Chancellor of the Exchequer and the other still is Foreign Secretary. Until the beginning of the electoral campaign, they were part of the same team, but during the hustings both candidates let it be clear that their agendas were remarkably different. 

The one thing they have got in common is the concept of self-sufficiency and self-sufficiency when it comes to energy supplies will be on a collision course with enviromental commitments. For strategic reasons, Britain might have to delay, water down or even push aside many of the declared goals. Fracking could be at the core of new efforts to make Britain self-sufficient.

Having said that, in the immediate future, the new government will have to deal with the fact that there will be shortages and that the costs of energy might not be coming down as many would like them to come down. The words 'rationing' and 'blackouts' have been mentioned as something Britain will have to face in the coming months.  

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