COMMENT: Ed Miliband’s energy announcement may be nonsense, but it could become popular
Writing for The Spectator's Coffee House, Matthew Sinclair argues that under Labour's new energy plans, politicians will effectively renationalise the energy sector.
First politicians banned cheap energy. They are creating an affordability crisis by insisting on the rapid deployment of expensive technologies like offshore wind and by imposing endless green taxes. It is simply illegal to generate electricity at an affordable price with a modern, efficient coal and gas power plant, without bearing all of those other costs. Ed Miliband was one of the people who imposed those high costs on consumers, as the Secretary of State for Energy and Climate Change in the last government. Now his plan is to fix the situation by banning expensive energy too.
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