Miliband's energy policy points to UK blackouts

The average UK household energy
bill rose by 60% from 2004-11,
compared with 17% in general
inflation. Almost one third of the

increase was due to government
policies to fund investment in
low-carbon energy, which Labour
supported.

 The UK continues to struggle to
persuade energy companies to
invest in nuclear and other aging
energy systems. It is therefore

difficult to see how the prospect
of price controlsand threat of
corporate break-ups will encourage
energy companies to commit money.

Ed Miliband's proposals on energy,

together with his threat of state

confiscation of land, mark an

important turning point in political

consensus on the market economy.

 

His conference speech will be

remembered more for his ability to

remember a long repetitive script,

rather than establishing his prime

ministerial credentials. No wonder

that he disappered for the summer.

It points to an ideological watershed

and a return to a command and
control economy. which will bring
to an end any hope of Britain's
recovery.

Ed Miliband's father, Ralph, 

is burried yards from Karl Marx
in Highgate Cemetery and it is
marxism that informs his thinking.