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So much for value for money

daryan12's avatardaryanenergyblog

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One has to despair sometimes at the ineptitude of politicians and their inability to listen to others. I was reading today the letters page of my Engineers journal and one of the contributors was telling about how back in 1987 he tried to explain to his MP the flaws in Tory plans to privatise the UK energy industry. That MP was none other than John Major, who could not grasp the concept that a private company will not invest in a new power station unless they have a strong financial incentive to do so, i.e. privatisation will lead to either higher bills or no new powers stations, or perhaps both. But of course John Major knew better didn’t he, why privatisation always leads to lower bills….doesn’t it!…oh wait no they’ve gone up massively!

And fast forward to our time. Amber Rudd/Osborne (depending on who you consider to…

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March 10, 2016 - Posted by | Uncategorized

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