The real cost of energy privatisation - a look at the UK

etain
Mon, 31 Oct 2011 18:52:12 +0000
Energy, Economy, International, Opinion, Analysis, Elaine

As temperatures drop and household energy bills soar again this autumn, the PR battle to privatise our energy infrastructure is just heating up. The IMF/EU claim that competition, the favourite euphemism for privatisation, will lower costs for consumers. The Government claims, as usual, that it has no choice but to do what its overlords instruct. So now seems like a good time to observe how that privatisation has been working out for our nearest neighbours in the UK.