nimrod
Well-known member
- Joined
- Jan 25, 2010
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Why has privitisation failed? It was the last Labour government that gave monopolies to the power companies for certain areas of generation, that is not privitisation at all but a mess that is neither productive or providing a solution to the consumers.
There need to be better government policy on this and I agree the current mess is politically driven from all parties.
when you say 'mess', do you mean there's been a failure somewhere?
and the current mess being what? lack of generation? ie you cannot force private companies to build energy needs for the country when prevailing market forces do not support it. their responsibilities are to shareholders not to national needs.
who's building our nuclear capacity? a private company or a public company?
the government has already conceded the nation has to take ownership to force generation. take the Drax project HGW refers to above. who owns the risk of debt default on that project? is it a private company or is it taxpayers money? if its taxpayers money at risk, how is that a private project?