For all the reasons I noted yesterday I am disappointed to note that the government Company/2020/jan/14/flybe-saved-after-successful-last-ditch-talks?CMP=Share_iOSApp_Other” target=”_blank” rel=”noopener”>appears to have bailed out Flybe.
I might add that I am almost as disappointed that it appears that they still do not understand the EU rules on state aid, which undoubtedly do not apply to all of Flybe’s activities.
But most of all I am worried about the implications of this. If every time a significant producer of unnecessary carbon gets in to trouble over coming years is the government always going to give them a subsidy to bail them out? What chance is there in that case that we will get to net zero carbon evert, let alone within the hopelessly inadequate timescale they already propose?
And as for real, radical transformation of the type that the Green New Deal demands? The prospects do not look good. This is very depressing.