- A plan by Britain’s opposition Labour party to take the country’s energy networks back into state ownership would damage investment and delay the move to greener energy sources, National Grid said on Wednesday.
A Labour document, published via twitter, showed, if elected, the party plans to re-nationalize the country’s 60-billion-pound plus energy networks and establish a National Energy Agency to run the country’s energy systems. National Grid owns and operates gas and electricity transmission networks in Britain, along with other assets. It has a market capitalization of 29 billion pounds .
British regulator Ofgem was told by parliament last year to cap energy prices after lawmakers said customers were being overcharged for electricity and gas. Prime Minister Theresa May had called the tariffs a “rip-off”.
Not for CommunityEnergy it won't! RenewableEnergy AnotherWay
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Jay Inslee Smashes Through Wall Of Town Hall In Solar-Powered Mech Suit To Announce Climate Change PlanWASHINGTON—Unveiling sweeping policy positions that would transform the nation’s electric grid and combat emissions, Democratic presidential candidate Jay Inslee smashed through the wall of a town hall Wednesday in a solar-powered mech suit to announce his climate change plan. “Starting today, I am dedicating myself to a comprehensive three-part plan designed to head off a climate catastrophe using renewable energy sources, which, as you can see, provide more than enough power for daily needs,” said Governor Inslee from the cockpit of his bipedal, carbon-neutral exoskeleton, touting the potential of clean energy to screaming, debris-covered audience members while extending one of his solar panel-covered hydraulic arms to lift the town hall’s moderator above his head and crush his skull into dust. “We will invest in every power source from wind to biofuels. Even nuclear power will be necessary for some purposes, as you’ll see from the fusion-powered lasers issuing from this suit. But know this: We will not let the next generation down!” At press time, Inslee was spotted blasting a Baltimore coal plant with his hydrogen-based shoulder cannon while discussing the need to transition America to a clean fuel economy. the onion has launched Jay to 2% You guys have to get a bit wild to avoid being prophetic huh? INSLEE SMASH!
Source: TheOnion - 🏆 724. / 51 Read more »
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