Quote:
Originally Posted by Neil
It was on the news last night that Labour are going to sort out energy prices if they win the next election. Does this mean they are going to nationalise gas and electricity? I can't see how else they can tell private companies how much to sell their produce for any other way.
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No chance Neil!
They could never afford to re-nationalize them.
As for price fixing- The Germans and French have laws which prevent foreign companies taking over essential industries-gas, electric, water etc,.
We don't, so of our 10 major power companies 3 are French, 2 German,1 Spanish,1 Russian ,1 Australian.
Just 2 are UK owned-British Gas and Scottish and Southern and the latter will be foreign owned if the Scots go independent.
The German and French governments have major ownership in their power companies so our Eddie will be fighting foreign companies part owned by foreign governments as well as (probably) the EU. Why should they listen to or obey him?
They'll withhold all new investment 'till he backs off, they'll put prices up before the elections so they're on the right side,just for chance he gets in and tries it, so we'll all be worse off immediately.
Also what if he managed it and there was a major conflict in the Middle East or anywhere else even- prices would shoot up. Would he let the suppliers go bust or shut off supplies to the UK or would he give them taxpayers money?
He didn't seem to know when asked that on the Today program.
So just another soundbite for effect.