to freeze prices for the first 20 months of a Labour re-election.
politics in which case it is very clever.
Let me explain both parts.
to their total energy bills from now to 2020 whatever government is in charge
and whatever policy they may or may not threaten/implement. If this policy of price controls is
implemented (or it looks guaranteed that Labour will win in 2015) then energy companies will simply raise prices by 20% instead of
the usual 10% prior to the winter of 2014.
before the election Labour will be able to spin about how much energy prices
have risen under the Tories and how they are going to put a stop to this. Except hopefully the public are not dumb
enough to fall for Labour deceit once again.
were in charge.
investment in power generation in the UK between 1997 and 2010, and the agreement
to costly carbon-reducing EU targets.
This and the fact that we are a significant gas importer are why bills
have consistently gone up.
short-term and medium term.
we need sources of cheap energy. Coal is
cheap yet we have/are shutting all our coal plants to meet emissions targets. Fracking has seen consumer gas prices plummet
promising, along with alluding to land grabs from companies refusing to build
houses whilst land prices are increasing (albeit Boris did allude to something
similar in London) then take a good look at Venezuela and the Chavista
revolution, and how such socialist policies in an oil-rich company have crippled the economy and had knock-on effect to the population.
It doesn’t work.
Who brought in the Climate Change legislation that gave us the EU policy
to push up the price of energy?