This summer I ran a series of articles on this site about crumbling Britain. I challenged the government to bring forward the permits and the plans to allow private sector investment in electricity, gas, oil, water, and transport systems. Today we learn that a combination of government dithering and EU regulation will close down coal power stations just as we have to close nuclear stations reaching the end of their design life. It will leave us short of power, with a threat that the lights will literally go out in a few years time.
It would be a fitting finale to this government, long on rhetoric and short on action. If only they would listen and act, instead of listening and copying people’s rhetoric, we might get somewhere. Now is a good time to bring forward privately financed infrastructure projects, especially if the nationalised banks have any money to lend! I see no sign of it. There may be more announcements – like the much heralded Crossrail, announced before every general Election but not so far built. I see no sign of contracts ready to be issued to make sure we are not all buying candles in 2016.