A fresh Prosperity Institute report titled ‘It’s Broke, Fix It’ authored by energy analyst Rupert Darwall lays out why Miliband’s DESNZ should be abolished and replaced in order to bring down energy bills. Remember when Labour promised to bring them down by £300? That’s gone with the wind…
It also calls for a clear-out of energy regulator Ofgem, separate climate policy from energy policy as well as establishing a New Generation taskforce to replace around 20GW of missing dispatchable capacity. The report is backed by Shadow Energy Secretary Claire Coutinho:
“Since the mid-2000s, the British people have been promised something that seemed too good to be true: a swiftly delivered green energy sector built on solar and wind power that would create hundreds of thousands of jobs and reduce our carbon emissions and energy bills at the same time… The trouble is, it was too good to be true.”
It ain’t easy being green…
Read the report in full below:
Speaking at Davos, Zelensky said:
“Europe loves to discuss the future, but avoids taking action today. Action that defines what kind of future we will have. That’s the problem.”