Second British Political Party Wants To Dump ‘Net Zero’
The Telegraph reports on a bold new energy plan from the SDP – the resurrected Social Democratic Party, though well removed politically from Woy Jenkins and co!
Britain will need divine intervention if it is not to suffer blackouts in the coming winters, as the energy analyst Kathryn Porter has reminded us.
A prolonged winter blackout is no joke: it could kill thousands, and even more if we fail to restore power promptly. So our energy crisis can be considered a national emergency that requires bold policy solutions, not technocratic twiddling which is so in fashion in policy circles today.
Last week one such proposal emerged from a most unlikely source: the Social Democratic Party (SDP).
Formed by rebel Labour politicians in 1981, the SDP won more than 20pc of the vote in alliance with the Liberal Party in the 1983 and 1987 general elections before its popularity waned.
However, since 2018 it has been quietly rebuilding from scratch. What makes the SDP’s new energy abundance green paper so striking is its seriousness: it puts the moral case for cheap energy in the strongest terms.
In fact, the authors seek to make cheap and abundant energy the governing economic principle of the UK, which no one has done quite so explicitly before.
Full story here.
The core of the SDP’s plan is to dump ‘net zero’, rapidly build 60 GW of gas and coal power, and start a programme to build 40 GW of nuclear power stations.
To do this they propose a a centralised state energy company, “a national, vertically integrated electricity monopoly”. The Telegraph wonders whether its readers might baulk at this sort of nationalisation.
But the reality is that we do not have a free market energy sector anyway. Massive subsidies paid out to ‘renewables’ totally distort the market and OFGEM’s energy price cap makes a nonsense of any competition at the retail level.
What is certain is that private business is not going to invest tens of billions in gas power plants, when they cannot compete against subsidised wind power and when there is the likelihood that another Labour or Tory government will shut them all down again in five or ten years time.
A state owned company, financed by bonds as suggested, seems to me as good a solution as any.
Unfortunately the SDP plan does not address what to do about the £20 billion a year of subsidies we are already stuck with.
See more here notalotofpeopleknowthat
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Aaron
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Seems there is little profit left to squeeze out of net zero, on to the next scam
Tired of government bullshit yet?
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