00:00The world has changed. From defence and national security on the one hand, much discussed in recent
00:08months, to the economy and trade, old assumptions have fallen away. And we're living through an era
00:18of global instability, which is felt by working people as an age of local insecurity. Factory
00:27workers, builders, carers, nurses, teachers, working harder and harder for the pound in
00:35their pocket, but feeling at the same time that they have less control over their lives.
00:44And energy security is right at the heart of this. Every family and every business across the United
00:52Kingdom has paid the price for Russia weaponising energy, and it has. But it's not just that.
01:03Because let's be frank, when it comes to energy, we are also paying the price for our overexposure
01:12over many years to the rollercoaster of international fossil fuel markets.
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