A Label for Labour

If we can use the information (to some extent) that the Guardian gave us this morning, then the first reference would be ‘Whinging’ 1. To complain, whine 2. A message from the labour party! So, the second one actually explains part of the newscast. The story was how according to Miliband, Cameron was losing control over the energy policy. (At http://www.theguardian.com/politics/2013/oct/24/edmiliband-davidcameron) How does he figure that?

The facts are not that unclear. There once was a non-fairy tale involving 6 commercial enterprises, who to some degree had to make a profit. In addition, the following headline should be interesting “Every UK home to face 15pc energy price rise” (Jan 2008)

Not to mention that parliament had an interesting document (at www.parliament.uk/briefing-papers/sn04153.pdf ). There are two issues, one, several sources mention an average 16% annual increase during 3 terms of labour. I mention it, but some numbers are sketchy, so I have some reservations how correct those numbers were, even though the parliament briefing papers do show a spike in that time frame.

It does not matter what the direct cause was, however, in three labour terms, nothing was done to limit that price increase, so labour’s nagging whilst the honourable Ed Miliband is on the non-winner side of the isle is rather fishy to say the least. Yes, we should acknowledge that The Electricity Act 1989 was enacted under the conservatives by Baroness Thatcher, then Prime Minister Thatcher. I reckon that there should always be a certain amount of questions when we privatise any form of utility. Commerce is the quickest attack on any wallet (a life lesson that is universally accepted).

So, even though there are questions, the one involving 3 terms of labour and energy prices should remain high on that list.

The article has a few other points of attention, Miliband’s quote “But this prime minister is too weak to stand up for the consumer and he always takes the side of the big six companies.” Really Edward? You do remember the greed issues involving a commercial enterprise? Or perhaps the London School of Economics classes (the ones on Economy) had a different focus? ;-), you party animal you! 🙂

Anyway, we can nag on the last three terms (but then we might sound like labour), in this term there needs to be an actual focus not on stopping (which is slightly non-realistic), but to some extent limiting price increases. Although allowing the French and the Chinese into the UK energy game might put a limit on price hikes to some extent, but it remains to be left in the hands of non-government, hence at that point, it remains a commercial play. What are the options?

There is actually an idea that might work. The idea was not mine; I picked it up in Sweden around 2001. The idea was that sound stable firms started to buy and install wind farms (in this case 1-3 turbines per firm). There are plenty of places to do that. The UK and Scotland could offer such areas too. Yes, in many places people might complain on the view, and they could select to pay £100-£200 a year more, or just accept the ‘lesser’ view. Consider that these people will get some tax benefits, but more importantly, they could lessen the power grid pressure and at times contribute to the net inviting refunds. There is an additional benefit. As the net gets a power feed, all over the place, losing power points would not have the blackout results other solutions have. So consider that through whatever non-governmental funding these windmills are added, the UK grid could end up getting a solid power addition by 1500-3000 turbines.

In the past I have ALWAYS spoken out against the irresponsible investment of retirement funds. If we accept that these turbines would prove to be a stable return on investment, keep price hikes down and allow for alternative ways to stabilise power needs, then why not look into such an adoption?

I never heard anything mentioned in that regard in the House of Commons (I do admit, I dozed off at some point, but it was 02:00 when that happened). So perhaps we can all look for a solution together? Because no matter where you live, we all need water and power, having alternatives when greed driven elements strike is NEVER a bad idea.

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