Ed Miliband's new plans to "decarbonise" the economy would be "a tax on the poor"
By Matthew Barrett
Follow Matthew on Twitter.
"Investing in the infrastructure for a low carbon economy will both kick start the growth that is missing and make our economy resilient to price shocks in an age of scarcity. It is governments which set the low carbon targets and correct market failures; and the degree of support for policies shown by governments is a major part of perceived risk for investors. To attract the investment we need, governments must cover that risk and commit to a clear goal of decarbonising the power sector by 2030, as the independent Committee on Climate Change has recommended."
However, Robert Halfon, the Conservative MP for Harlow, who has consistently campaigned against higher household oil prices, has picked up Mr Miliband's ideas and calculated that this would mean higher electricity bills: at least £120 extra, for every family in Britain and would also lead to higher inflation, as energy costs would rise for businesses and factories.
"Too often, the green agenda is a luxury for the chattering classes. What we need is jobs and growth, not rip-off utility bills. What Ed Miliband is proposing is literally a tax on the poor. That is why I will be writing to the Energy Secretary, and the Prime Minister, urging him to reject the plans and to make it clear that this Government is on the side of working people."