Osborne Caves In on Green Subsidies

20121123-084936.jpgOsborne should be worried this morning that Tim Yeo is heaping praise on his defeat by the LibDems. The government have given two fingers to the public by sticking them with around £180 per year on top of their bills to fund green vanity projects like wind farms. While Osborne has gained a long term win in scrapping pie in the sky decarbonisation plans, Guido is fairly sure voters, already fuming at the cost of energy, are not going to see it like that.

The winners? With a planned £5 billion hike in renewable subsidies up to £7.6 billion from the £2.6 billion currently, the Big 6 energy giants and Nick Clegg’s standing in his own party. The losers? Everyone else. Vote Blue, go Green, end up in the Red…




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Quote of the Day

David Cowling, the BBC’s head of political research, in an internal memo…

“It seems to me that the London bubble has to burst if there is to be any prospect of addressing the issues that have brought us to our current situation. There are many millions of people in the UK who do not enthuse about diversity and do not embrace metropolitan values yet do not consider themselves lesser human beings for all that. Until their values and opinions are acknowledged and respected, rather than ignored and despised, our present discord will persist. Because these discontents run very wide and very deep and the metropolitan political class, confronted by them, seems completely bewildered and at a loss about how to respond (“who are these ghastly people and where do they come from?” doesn’t really hack it). The 2016 EU referendum has witnessed the cashing in of some very bitter bankable grudges but I believe that, throughout this 2016 campaign, Europe has been the shadow not the substance.”

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