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Best of the Spectator

The Edition: Power grab

Best of the Spectator

The Spectator

News Commentary, News, Daily News, Society & Culture

4.4785 Ratings

🗓️ 7 October 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

In this week’s episode: with the energy crisis picking up pace who are set to be the winners and losers in this cold war for gas? Domestically we are seeing queues for petrol, rising gas prices all in the face of the Government’s net-zero agenda. And internationally things are looking just as turbulent, with China buying up as much fuel as possible, America becoming more isolationist when it comes to its energy supply, and Russia feeling more powerful in its place thanks to its Nord Stream 2 pipeline. These are the issues that Seb Kennedy, the founding editor of Energy Flux, addresses in his cover piece this week for The Spectator. He speaks about his findings on the podcast along with Senior Reporter for Energy and Commodities for Bloomberg and co-author of The World for Sale, Jack Farchy. (00:50)

Also this week: can the police reform with Cressida Dick still in charge? Leroy Logan writes in this week’s Spectator that if the Met and police are to reform its subculture of racism and misogyny it can’t be done with Cressida Dick still at the helm. He is joined on the podcast by Sharon Haye, a former officer and policing advocate. (14:06)

And finally: what is the future for British butchery? Olivia Potts is learning butchery. And in this week’s Spectator, she writes about her experiences as well as the state of the industry in the UK today. Nigel Jarvis is a fourth-generation butcher who has just retired after an unexpected boom in custom during lockdown. (28:52)

 Hosted by Lara Prendergast

 Produced by Sam Holmes

Transcript

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0:00.0

This podcast is sponsored by Canacord Genuity Wealth Management, award-winning wealth managers who go above and beyond to support and guide you.

0:09.3

Visit can-dowealth.com to start building your wealth with confidence.

0:24.7

Hello and welcome to the edition podcast from The Spectator.

0:30.8

Every week we take a look at some of the most important and intriguing stories from the issue with the writers behind them.

0:33.8

I'm Laura Prendergars, the Spectator's executive editor.

0:41.3

This week, with the energy crisis picking up pace, who are set to be the winners and losers in this Cold War for gas? Plus, can the police reform with Crested a Dick still in charge?

0:45.3

And finally, what's the future for British butchery?

0:49.3

First up, at the moment we're seeing queues for petrol and rising gas prices all in the face of the government's net zero agenda.

0:58.3

And internationally, things are looking just as turbulent, with China buying up as much fuel as possible,

1:04.1

America becoming more isolationist when it comes to its own energy, and Russia feeling more powerful in its place,

1:09.9

thanks to its Nord Stream 2 pipeline.

1:12.6

These are the issues that Serb Kennedy addresses in his cover piece this week for The Spectator.

1:16.9

Seb is the founding editor of Energy Flux, a specialist newsletter all about the clean energy

1:21.6

transition. He joins me now, along with senior reporter for energy and commodities for Bloomberg

1:26.8

and co-author

1:27.5

of the World for Sale, Jack Farchie.

1:30.5

Seb, in your cover piece for the magazine this week, you write about the world's fight for

1:34.2

gas and you say that China has started buying up stock at any cost. Can you explain to a layman

1:38.8

why exactly that's now happening? Yes, so gas is a globally traded commodity. It's traded in liquefied form aboard

1:47.5

these enormous vessels called LNG vessels, liquefied natural gas vessels. And when supply is a bit

1:54.3

tight, which is what we're seeing at the moment, then you essentially have a bidding war between

1:58.7

regions. So you've got China and other Asian

...

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