Fraser Nelson yesterday17 May 2024 09:57
"Only one barnacle remains on Starmer’s boat. We were reminded of it when Ed Miliband came on stage like a Shakespearean comedy interlude character, to talk about a net-zero domestic energy sector by the end of the decade. British renewables are cheaper, he intoned – and more secure. This is nonsense, as even the Tony Blair Institute admits. An all-out dash for renewables, it concluded in a report only yesterday, “could increase energy costs or reduce energy security, with major economic and social consequences for the country.” Quite.
So Miliband’s plan would be a disaster, but one that’s unlikely to be ever attempted because it would quickly dissolve on contact with reality. Gary Smith, head of the GMB union, once told me that he doesn’t bother worrying about Miliband’s plan because it’s so obviously impossible.
So why is the policy still there? Perhaps because Labour fears the Greens (who may run them close in Bristol) and needs to keep some delusions going. But the £28 billion-a-year green spending plan, for years the signature Miliband policy, is now abolished – so it may seem cruel to take away what little there is left."
Gary Smith's comment is reassuring.