Beleaguered DESNZ’ latest heat pump campaign goes some way to revealing the state of the communications department there. Miliband’s officials have hired model and former Strictly contestant Daisy Lowe to pose next to a heat pump over at Muncaster Castle in Ravenglass in west Cumbria. Complete with “regency” outfits…
The campaign is apparently going to focus on the message: Embrace “heat pump pride” over “heat pump prejudice.” Last year Guido caught Miliband’s current ‘Head of Mission Control for Clean Power 2030’ and former Climate Change Committee chairman Chris Stark promoting a commercial heat pump brand. Not only are heat pumps hated but imagine how bemused taxpayers will be when they find out their money being spent on campaigns like this…
Heat pump installation costs Brits around £6,000 even following a £7,500 subsidy from the government. Labour’s target is for 600,000 low-carbon heat pumps to be installed annually by 2028. The figure was only 60,000 last year – itself a 43% increase on the year before. Is Daisy going to get that 540,000 gap filled?
The S&P Global Clean Energy Transition Index has fallen to pre-Covid-spike levels last seen five years ago. The green energy stocks tracker has fallen by 16% in the last 12 months…
In the US Trump has frozen Biden-era Inflation Reduction Act funding for green projects. Analysts say high interest rates, inflation, and more pressing political challenges than net zero (e.g. wars) have eroded growth in green energy projects. Most of which require borrowing and high capital injections that may never pay off…
Defence stocks are meanwhile up in Europe as the continent grapples with the prospect of defending Ukraine itself. Even the EU is beginning to water down its upcoming strict green regulations in the face of panic from its own declining manufacturing industry. Not that any of that will stop Miliband…
It’s another bad day to be Ed Miliband. First, he gets railroaded by Reeves on Heathrow’s third runway, and now the Treasury is sharpening its knives for GB Energy. The state-owned energy company, Labour’s big idea to “supercharge” Britain’s clean energy revolution, is reportedly staring down the barrel of cuts in June’s spending review. The £3.3 billion earmarked to fund low-interest loans for green projects is set to face the chop…
Despite Labour’s pledging £8.3 billion for GB Energy in its manifesto, now neither the Treasury nor DESNZ will guarantee the cash. Last month GB Energy chair Jürgen Maier admitted that it could take 20 years to meet its pledge to employ 1,000 people, refusing to even put a date on when it would bring down energy bills. Meanwhile, Ed’s been in the firing line over the ‘Green Prosperity Plan’, as the promise of it delivering ‘growth’ and 650,000 jobs by 2030 has been shredded by even Labour’s own side. Labour’s Net Zero growth row hasn’t run out of steam yet…
Ed Miliband’s Department of Energy, Security and Net Zero has been busy dishing out taxpayer-funded contracts to fuel his green agenda, despite his policies being panned by experts and even his own side. One lucky supplier that has won a handful of contracts caught Guido’s eye…
Verian Group UK, an independent research and communications agency, has Ed’s big brother, David Miliband, sitting on Verian’s Global Management Board as a Non-Executive Director, taking the role in April 2023. Since Ed took office, DESNZ has awarded Verian UK £1,102,154 in government contracts…
These projects include research on “public understanding of Net Zero,” “support for non-domestic consumers during the transition to low-carbon,” “understanding secondary heating behaviours”, and evaluating smart metering programmes. Verian was also named a supplier for a £1.8 million contract for “behavioural science research in the energy and Net Zero space”. There is no suggestion of anything improper in these procurement processes. How long will Red Ed’s reign last at DESNZ?
A fresh Net Zero Watch report makes more grim reading for Britons, predicting that Red Ed’s green policies will add at least £25 billion per year to the cost of the electricity system by 2030. Increasing the cost of living for each household by over £900…
The report outlines how Miliband’s plans will hike electricity costs across the board, with power generation, capacity levies, and grid balancing all set to soar. In delivering the electricity demand predicted for 2030, the electricity system in the Clean Power 2030 plan will cost £58.9 billion per year, whereas the current system would only cost £34.1 billion. Net Zero Watch’s and former head of economics at Edinburgh University Professor Hughes points the finger at Miliband, warning:
“While Mr Miliband’s department have resolutely refused to put a cost on the Net Zero grid, it is vital that we understand the direction he is taking us. The plan is clearly unaffordable.”
Meanwhile, Miliband has been tipped to face the sack in a rumoured Spring reshuffle as Starmer is expected to focus on ‘growth’ over going green, with a source telling the Express, “The Net Zero agenda has been subsumed by the need to boost the floundering economy and the new world order in Washington.” This latest report is just one of many proving that Ed’s promise that “Net Zero and growth go hand in hand” doesn’t actually hold up…
Labour’s Net Zero V.S. ‘growth’ war continues to roll on, with mounting evidence that Ed Miliband’s Net Zero dream doesn’t actually ‘go hand-in-hand with growth’. Miliband himself has admitted that his policies will drive up energy bills, while Reeves faces pressure to raise taxes again as her ‘fiscal headroom’ shrinks. Even Labour’s own side have turned against the policies, with the Tony Blair Institute now warning that the promised economic benefits of Net Zero won’t actually materialise. It ain’t cheap going green…
Fresh polling from the Energy Industries Council paints a grim picture: only one in six (14%) energy executives now believe the world can achieve Net Zero by 2050, a sharp drop from nearly half (46%) who held that view last year. Meanwhile, cross-party MPs and peers of the Net Zero Scrutiny Group, chaired by Lord Mackinlay, have written to Miliband accusing him of “playing into Putin’s hands” for shutting down the UK’s last remaining shale gas wells. Zelensky has urged Europe to “step up” to achieve real energy independence, yet the continent still relies on Russia for around 20% of its gas needs—a number that’s only increasing. A shame Starmer isn’t in Ukraine to discuss the consequences of Labour’ Net Zero agenda in person…
Read the letter to Red Ed in full below:
Continue reading “Just One in Six Energy Chiefs Think Net Zero Achievable By 2050”
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”
