Corus’ steelworks at Redcar, near Middlesbrough, “Teesside Cast Products”, is to be closed (”mothballed” is the euphemism). It is Britain’s last great steelworks and an essential national resource. Without it, we are at the world’s mercy.

Corus is owned by Tata Steel of India.   Recently, Tata received “EU-carbon-credits” worth up to £1bn, ostensibly so that steel-production at Redcar would not be crippled by the EU’s “carbon-emissions-trading-scheme”. By closing the plant at Redcar – and not making any “carbon-emissions” – Tata walks off with £1bn of taxpayers’ money, which it will invest in its steel-factories in India, where there is no “carbon-emissions-trading-scheme”.

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So, Tata walk off with one billion pound of carbon credits, that they can trade freely on the carbon market. Happily paid for by the British taxpayer.

A new steelworks is opened in India, with no net change in emissions whatsoever

My dear old NZ government is apparently committed to an emissions trading scheme, which will open up all sorts of similar irregularities. Meanwhile, the average NZ householder lives in a poorly insulated, inefficient house; we export our coal to China, so they can build us windmills that will never supply our energy needs. Major polluters get subsidised by the NZ taxpayer.

Damned right -  it's time to get angry.