Sunday, January 06, 2008

MSM says, "EU? What's that then?"

The Englishman picks up on this article from The Grauniad, lamenting rising electricity prices.
A massive increase in gas and electricity bills for all of Britain's 24 million homes is to be announced by all the major energy companies in the next few weeks.

The country's energy giants are preparing to increase fuel bills by 15 per cent. This follows the decision by Npower, the fourth largest supplier, to raise prices by as much as 27 per cent on certain tariffs last week.

The government acknowledged there is little it can do. Energy Minister Malcolm Wicks said: 'Price changes are commercial decisions for the companies involved and we must recognise the fact the global demand is pushing up energy costs worldwide.'

Throughout the entire article, there is not one mention of our old friend, the EU. But why should there be? Well, as many of us know (though no thanks to the MSM who maintain their conspiracy of silence on the subject), the EU has some wonderful ways in which to reduce our carbon emissions.

Since the MSM doesn't like to report such things, it is a good thing that we have EU Referendum.
Consumers of electricity – i.e., all of us – who are now having to dig deeper to pay their electricity bills will mostly be unaware that, in addition to the swingeing increases announced yesterday, they are paying an increasing premium through their bills for the global warming fantasy.

The base line is the so-called Renewables Obligation, which is set to add at least £1 billion a year to our collective bills by 2010, simply to fund the scourge of industrial windmills that is blighting our countryside.

But, from the school of, "there is nothing so bad that the EU cannot make it worse", we are set to pay another £6 billion through our energy bills for the equivalent of snake oil, otherwise known as the European Trading Scheme (ETS).

The utterly bizarre aspect of this scheme, as reported by The Independent is that the UK's biggest "polluters" will reap this windfall. These include our electricity generators and they can make their money because the EU in its wisdom has given them 104 million tons of "carbon credits" and, despite having paid nothing for them, they are then allowed to charge their customers for the notional cost of these credits.

Although the term "you could not make it up" is really overused, that has to apply to this utterly mad scheme, which "gives" energy producers a free "product" and then allows them to charge their customers for it.

Furthermore, the calculations on how many "credits" should have been allocated are so wide of the mark that most generators have surplus which they can then sell on a totally artificial market to those enterprises which do not have enough carbon to cover their emissions.

In theory, this is supposed to fund the additional investments needed for clean generation technologies, but there is absolutely no obligation for the generators to spend their windfall. Thus, the EU's scheme does absolutely nothing to reduce national carbon emissions, even if that was actually worth doing.

When it comes to costing our membership of the EU, therefore, we have to add another £6 billion to the bill, all for its insane scheme that does nothing more than add totally unnecessary costs to our electricity bills.

So, once more, we have the EU sticking its grubby little fingers into our wallets, through another lunatic scheme. How many times must one point out that planned economies simply don't work—and most of the time they don't work on a catastrophic scale.

Following on my earlier post on food shortages, the EU has yet more madness up its sleeve.
And even then, the madness does not stop there. We are told that the EU commission is debating whether to push for a carbon tariff on imports from countries that "do not tackle their greenhouse gas emissions", such as China, India and the United States.

Which would, of course, make our food (and a whole lot of other things) even more expensive. Thank you, EU, you bunch of cunts.

And while our "government acknowledged there is little it can do", it is worth bearing in mind that the government has signed away yet more powers to the EU through the Lisbon Treaty; as such, once it is law, we can expect to see a lot more of these idiocies.

Welcome to the European Union: learning from the Soviet Unions mistakes and pretty accurately attempting to reproduce them.

Fucking hellski.

1 comment:

The Empty Suit said...

The current ramp in prices is, excluding high oil prices, less to do with the CO2 stuff than with large European governments failing to implement EU directives. If the EU had any interest in a level playing field and actually got France and Germany (for starters) to break up their ludicrously anti-competitive local utility monopolies then we might see some more appropriate pricing.