Tuesday, April 9, 2013
Energy crisis? The answer is obvious: renationalisation
This piece by CPO co-founder Neil Clark, on privatisation and the 'Emperor's New Clothes' effect, appears in the Morning Star
.......Another good example of the Emperor's New Clothes effect is the current "debate" about soaring gas and electricity bills and what the government should do about them.
The "experts" tell us that we need more competition in the energy market. We need more regulation.
We need the government to "get tough" with the utility companies and make it easier for us to switch providers.
But the reason why our utility bills are so high and continue to rise year after year above inflation is a simple one indeed. It is the same reason our rail fares are so high and continue to rise year after year above inflation. It's called "privatisation."
You can read the piece in full here.