The usual leftard suspects have been fighting a rearguard action in defence of their excuse that China – not insane green energy policy – was responsible for the death of British steel. But Sanjeev Gupta disagrees. And he should know because he’s the white knight venture capitalist who has looked at the figures and volunteered to come to British steel’s rescue by replacing the outmoded blast furnaces at Port Talbot with more efficient electric arc furnaces. No, Gupta doesn’t think protectionism against Chinese dumping would or could have saved the steel industry: He also said imposing tariffs on imports of Chinese steel is not the way to save Britain’s steel sector. “Protection makes you inefficient, it can sustain uncompetitiveness,” Mr Gupta, added. What he definitely will need, though, he says, if he’s to build a profitable business on the ashes of the old one is “relief from high energy prices.” This profile in an Indian newspaper draws a similar conclusion: The United Kingdom was praised across the world for becoming the first country to put in place a legally binding act to counter the climate change, although an attempt to replicate the same at the Copenhagen Climate Summit in 2009 failed. At its home turf,