So the Great British Energy founding statement and policy paper was released yesterday and idiot me read through it looking for any evidence of actual community benefit and can’t find any. Could any of the Labour supporters and voters who recently backed labour explain how this is not PFI 2.0?
by ewenmax
12 comments
I was hoping for something more substantive, but on the surface this just looks like another investment opportunity to siphon public funds off to Private Finance in the vain hope of creating more energy suppliers by prime pumping energy projects, including nuclear.
Where is the shared ownership models that we see elsewhere like Germany or Denmark, where 50% of renewable energy projects are owned by cooperatives of communities?
What do you mean could not find any community benefit?! The whole project is of benefit to the private investment community based in London.
The premise of this post is badly intentioned. You wouldn’t see one like this asking for SNP supporters to explain the actions of their party.
The usual posters have gone a bit quiet since the election. Buyers remorse?
Roll in all the Labour foamers who won’t hear anything bad against Keir Starver even if you wipe the shit under their nose, they can’t smell it.
“Can someone please explain this document to me”
A state owned energy company has to be a good thing, even if it is in partnership with private companies. The companies are the ones with the knowledge and resources to do it – it’s much more efficient to do it this way than from scratch.
Quango for me, not for thee
You’re surprised that a decision made to benefit rich gremlins won’t benefit the general public? What planet have you been living on for the past few hundred years?
Not sure access to funding is what is holding back green energy. A lot of these energy companies are very profitable already. The Crown Estate made something like a billion pounds in profit last year.
The issue is rules/ regulations and planning. The government could look at those at a fraction of the cost this new investment vehicle will cost the taxpayer.
That wouldn’t give them the PR boost they want though.
I kinda am confused by the idea as I thought great British energy was something that would be sold to the consumers but it’s something different I don’t understand
They were saying on TV yesterday, this will add another £150 to people’s energy bills.