Part 3/9:
The speaker advocates for an energy strategy rooted in self-sufficiency, which involves utilizing all available resources—nuclear, coal, gas, oil, solar, and wind—to drive prices down. The belief is that economic growth and wealth creation allow individuals, particularly in developing countries, to focus on long-term environmental sustainability.
The speaker suggests that Britain should produce its energy domestically rather than relying on imports, thus potentially transforming into an energy exporter. The narrative follows that a robust industrial policy could help lower energy costs for everyone, noting that household electricity prices have undergone long-term subsidies, particularly affecting the poor.