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”
Ed Miliband has long claimed that Net Zero is a golden ticket to economic growth and job creation, with Labour’s manifesto promising their so-called “Green Prosperity Plan” will deliver 650,000 new jobs by 2030. But even Labour’s own side isn’t buying it…
Today Tony Blair’s think tank torched Labour’s Net Zero pledges, warning that these promises are “unlikely” and warning against an over-reliance on green policies. The Tony Blair Institute report reads:
Labour’s claim that Net Zero and growth go “hand in hand” panned by their own…
Ed Miliband has been making the most of his jaunt to India for the fourth UK-India Energy Dialogue. He turned up to a panel yesterday at India Energy Week in Delhi—despite not being on the official program until just before the event. The eco-warrior-in-chief kept a low profile, dodging all media before delivering a speech to a largely indifferent audience. Among the eyebrow-raising highlights, Ed said:
No Q&A followed, apparently causing the few Brits in the audience to shake their heads while most Indians in the room were left wondering who he was. After an obligatory photo-op with India’s Oil Minister, Hardeep Singh Puri, and narrowly avoiding an encounter with Putin’s energy envoy, Pavel Sorokin, Ed then made a swift exit. Wonder how his net zero zealot pals feel about this sudden pride in the North Sea…
Red Wall Labour backbencher Jonathan Brash told GB News that Starmer should resign:
“I’m completely fed up about it, and I think it’s got to the point now where I genuinely think that, as far as the Prime Minister is concerned, it’s not a case of if, it’s when.”