By Paul Homewood
Ed Miliband, it seems, is now totally out of control. Even Starmer and Reeves are no longer able to reign him in.
A few examples just in the last week illustrate this.
First the Telegraph report that he is being urged to raise energy bills in the South to “save Net Zero”:
Ed Miliband must ramp up energy bills across London and southern England to hit net zero targets, a parliamentary committee has said.
The Energy Secretary is likely to miss his target of making the electricity grid 95pc carbon free by the end of the decade unless he embraces so-called zonal pricing, a new report from the Lords industry committee warned.
Such a change would mean splitting Britain’s single electricity market into almost a dozen regions, with the price of power determined by supply and demand within each area rather than set nationally.
In practice, prices would surge in London, southern England and the Midlands where renewables are in short supply, but plummet in Scotland because of its plentiful wind farms.
Full story here.
The whole idea is absurd any way. The idea that more renewable generators will be built down south in search of higher prices ignores the fact that they will all get the same CfD price anyway. The real object is to suppress demand in areas with low renewable output.
But more to the point, how on earth does Miliband get the authority to set energy prices?
Secondly the Telegraph also report:
Labour’s windfall tax on oil and gas producers will leave 1.5bn barrels of oil and gas stuck in abandoned North Sea oil wells, according to new analysis of the levy’s impact.
The predicted output between now and 2050 has fallen 40pc from 3.6bn barrels of oil equivalent to just 2.1bn barrels, according to a report from investment bank Stifel.
The findings are based on data supplied by the North Sea Transition Authority (NSTA), the Government’s oil and gas regulator.
The slump in expected output comes after a surge in the number of companies abandoning productive wells, following Rachel Reeves’s decision to extend the tax on oil and gas profits to 78pc. Ed Miliband, the Energy Secretary, has also banned new drilling.
1.5 billion barrels is worth about £100 billion at current prices. While Rachel Reeves’ tax raid has not helped, it is the idiot Miliband who is ultimately responsible from keeping this godsend under the ground.
And finally, Miliband is plotting to massively increase gas prices, as a way of forcing people to buy useless heat pumps. Again, from the Telegraph:
Ed Miliband is considering plans to overhaul green levies, which experts have warned would push up the average gas bill by £120 a year.
The Energy Secretary is looking at removing the taxes that are applied to electricity as part of his plans to encourage more people to buy heat pumps.
But he has admitted Rachel Reeves, the Chancellor, would not cover the £4.8 billion-a-year cost, meaning the charges would likely have to be shifted on to gas bills.
Government ministers and Ofgem, the industry regulator, have spoken positively about the plans, which experts calculate would add 15 per cent to the cost of gas.
Ed Miliband is considering plans to overhaul green levies, which experts have warned would push up the average gas bill by £120 a year.
The Energy Secretary is looking at removing the taxes that are applied to electricity as part of his plans to encourage more people to buy heat pumps.
But he has admitted Rachel Reeves, the Chancellor, would not cover the £4.8 billion-a-year cost, meaning the charges would likely have to be shifted on to gas bills.
Government ministers and Ofgem, the industry regulator, have spoken positively about the plans, which experts calculate would add 15 per cent to the cost of gas.
https://www.telegraph.co.uk/news/2025/05/31/miliband-plots-120-gbp-net-zero-gas-bill-rise/
As has been pointed out, this amounts to a tax on gas. But normally any tax would have to be properly vetted by the Treasury, with impact assessments etc. So how comes Miliband gets to to set taxes of his own without any proper oversight?
The argument is that the increase in gas bills will be offset by equal falls in electricity bills. That may be true overall, but there will inevitably be huge anomalies.
Richer households with EVs and heat pumps will be much better off, while poorer people reliant on gas boilers, and unable to afford heat pumps, will end up worse off.
And, yet again, this switch will have virtually no effect. Homeowners are already offered subsidies of £7500 to buy a heat pump, yet still refuse to buy them. Clearly the £7500 subsidy is not affordable at scale in the long run – it would amount to everybody subsidising their own pumps.
So why on earth would anybody buy one of the useless things just to save a couple of hundred quid a year, when a bribe of £7500 did not do the trick.
All these suggested policies have one thing in common – the Net Zero establishment is now getting desperate. It sees people refusing to waste money on heat pumps and useless EVs.
It has realised that there will be catastrophic shortages of electricity in a few short years time, if Miliband’s mad policies are pursued.
And it knows that continuing supplies of cheap, homegrown oil and gas will fatally undermine the transition to expensive, unreliable renewables.
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June 5, 2025 at 03:11PM
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