With one line in his party conference speech, Ed Miliband may have destroyed what he achieved as Energy and Climate Change Secretary:
The next Labour government will freeze gas and electricity prices until the start of 2017.
His pledge cut through the media clutter, and forced David Cameron to respond. Despite the policy’s relative unpopularity – it is supported by 38 per cent, as against 52 per cent who prefer the Government’s policy of putting everyone on the lowest tariff in a forced-choice question – the Prime Minister still feels the need to respond further.
Now Cameron has announced a review of green taxes on domestic energy, which is one of the easier and more obvious ways of making gas and electricity cheaper without defying the law of supply and demand.
If some of the taxes are scrapped, Miliband will have succeeded in setting back policies to mitigate climate change more than any recent politician, undoing the one policy in which he believed and which he delivered as Energy Secretary.
Good job.Tagged in: climate change, ed miliband, energy policy, green economics
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