Will the lights go out for Cameron?
Interesting article in the Daily Telegraph;
“Demand for power from homes and businesses will exceed supply from the national grid within eight years, according to official figures.
The shortage of supplies will hit the equivalent of many as 16 million families for at least one hour during the year, it is forecast.”
Both Iain Dale and the Economist have already reported these figures with Iain rightly pointing out that this could well happen around the time that David Cameron will be seeking his second term. If the scenario plays out then one would imagine he may well regret actually not paying more attention to the meaning of the squiggly green tree motif. I think it is fair to say that when the shadow climate and energy secretary, Greg Clark, talks about ‘accelerating the development of new generating capacity’ he will mean rushing the development of new nuclear power stations through on the sly presumably when Cameron’s party is in it’s honeymoon phase.
One wonders if the Conservatives have the stomach to actually push through a tax on carbon emissions. I suspect they rather do not (that is not to say Labour do) and that the undignified rush to build new nuclear power stations will replace a serious commitment to renewable and less dangerous energy sources. Even if they do establish a ‘Carbon Levy’ it is likely that the priority will not be the drive to encourage the growth and flowering of other energy sources but in fact merely to shift the burden of taxation as this ‘consultation’ points out;
“A Carbon Levy should not be an excuse to raise more revenues from business and any additional revenues should be offset by reductions in other business taxes”
Sadly, this policy or robbing Peter to pay Paul is terribly shortsighted as the above stories show so it may well be true that the lights will go out for Cameron and if it costs him his second term then he will most likely only have himself to blame.