(not satire – it’s ConDemNation today)
The Lib Dems and Tories have just agreed to raise UK electricity prices for the next 35 years.
The Tories and the Lib Dems furiously attacked Ed Miliband when he pledged that Labour would freeze electricity prices for 2 years.
They argued that governments setting prices was akin to socialism.
Strange then that part of the deal to allow Chinese and French state-run companies to build the new nuclear power station at Hinkley means that energy prices will have to double in ten years.
That means the Tories and the Lib Dems have just guaranteed price rises of 10% a year for the next decade.
Not only that – but as part of the deal electricity prices are then guaranteed to rise by inflation for the next 35 years in order to give the French and the Chinese a good return on their investment.
That means the British consumer will be paying over the odds for our electricity over the next three and a half decades in order to subsidise French and Chinese consumers.
Now what did the Lib Dem Energy Secretary Ed Davey just call this deal?
Oh yes – good value for Britain.
Not for the people who will have to live in it for the next 35 years it’s not.
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Pride's Purge 
Reblogged this on nearlydead.
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My arse isn’t coping very well with all this raping it’s been getting since I was born 28 years ago, I must admit.
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So that means I’ll freeze till I’m well past 100 years old then? Now, there’s a good deal, Mr Davey. Even better: burn a pensioner a day to save money, so long as it’s an eco-friendly way.
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ridiculous they have just guaranteed fuel poverty for the foreseeable future. Add to that fracking which is only viable if oil prices are high and its not an energy strategy its a suicide pact
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i burnt 2 this morning.
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Reblogged this on Vox Political and commented:
Coalition hypocrisy writ large upon the face of the British landscape, in a Sino-British deal that’s likely to get right up your sinuses.
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Reblogged this on kickingthecat.
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Reblogged this on thepositivevoice.
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We should all have a global blackout no one use electricity for a whole night or stand up to the government the revolution needs to start now
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Reblogged this on truelabour.
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Reblogged this on Ned Hamson Second Line View of the News and commented:
Let poor old people die from cold at higher rates – progress?
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This is ideologic oppression. The ruling class are deliberately pricing people out of their “society”. Holidays, travel, pensions,housing, fuel, food, etc are all being made less and less affordable and more of a luxury. They’re forcing a return to some sort of feudalism.
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This deal has used the broadest economic brush rule: Prices double every 10 years. Whilst this is useful as an approximation of what you should pay to replace an appliance that is 10 years old it’s not really good for governments to use it to set prices well past their tenure.
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Just another example of how much our “leaders” care about this country. Whilst other countries are taking ownership and preventing foreign ownership of their energy we get shafted once again by our own government.
No doubt the building will be done with Chinese supplies and French labour so as to make sure this country has no benefit from it at all.
Throw in some hefty tax breaks as a sweetener, water down Health and safety, scrap the labour laws and we have the perfect country for foreign investment.
The only thing left for this government to do now is to sack the remaining civil servants and hand the keys over to whichever country plans to rape us the most. At least that way it will be a quick death rather than a long drawn out bleeding to death.
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Prices double? At a 10% rise per year, prices will be well over double. Over 10 years, a 10% annual rise gives a 10 year compound rise of 259%. Given the 2012 average household bill was £531 (Ofgem figures), and average rises this year are already approaching 10%, it means by 2023, the average annual household electricity bill will be over £1’500. Sorry if I’m being a bit of a nerd – I’m an engineer and work with numbers all the time… – but this is absolutely fucking outrageous!!!
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I have lived in my current house for a year (last year was a very cold winter). I pay £120pm for energy and last week had a bill which showed I am £29+ in credit but the company want to put my DD up to £169 pm. I rang them and asked if it was because they are putting up prices (they have not said so – yet) and they said they had no plans to do so. I messed around with the figures and they have projected my usage and divided bty 6 instead of 12 for the next year – a ploy to get money in advance. I said weren’t they supposed to put me on cheapest tariff and guess what they know my details but forgot I could be on an Age UK tariff which freezes the price (luckily from last Saturday) for a year – still want a DD of £134 though – shouldn’t it still be £120 if prices and usage are the same and I am in credit? Will wait and see what scam they come up with next. We need to re-nationalise all our major services we are being ripped off by foreigners.
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and the french can keep thers state owned why cant we.
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if only ed miliband had the guts to say we will, one by one, renationalise all the utilities, then he would be prime minister forever,but im not holding my breath.
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Reblogged this on HUMAN RIGHTS & THE SIEGE OF BRITAIN POLITICAL JOURNAL.
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Isn’t it time The Green Party of England and Wales passed a resolution stating in no uncertain terms that a future Green administration would treat such deals as ‘Odious Debt’?
That would make investors think twice.
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So who do you vote for next election? Labour who got us in this mess in the first place (the same mess they got us into 30+ years ago) or Conservative/Liberals who are perpetuating the mess that Milliband gifted this country with.
Russel Brands revolution looks more and more like a reality
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Lets all get to gether and just not pay your bill what they going to do turn it all of it would never happen,so lets grows some and organise this revolution no one pay your bill stop your direct dibits and let’s get this started pissed of in blackpool
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