Energy bill puts profits before the planet

Socialist planning needed

A recent poll has shown 68% support - 80% among 18-44 year olds - for building wind farms across Britain. But, instead of investing in renewable energy and creating green jobs, the Con-Dems are cutting wind power subsidies and listening to the big six energy companies.

Leaked documents have shown that the government is trying to weaken the European Union's already low renewable energy and energy efficiency targets. Meanwhile the new energy bill again shows that the government's climate change strategy has more hot air than renewable power.

Steve Score, East Midlands Socialist Party secretary, writes.

The Con-Dems' energy bill favours big business, subsidises nuclear power and does not really tackle climate change.

Britain has an energy crisis. Many power stations, both nuclear and fossil fuel, are coming to the end of their lives. The government claims it is attempting to reduce carbon emissions to deal with global warming, but admits 'the market' has failed to sufficiently invest in new power stations let alone in renewables.

Yet their 'solution' is to propose subsidies to the big energy companies that will favour nuclear power while not adequately speeding up the replacement of carbon producing fossil fuels with cleaner renewable technology like wind, wave and solar power.

These nuclear subsidies - illegal under European law - are hidden by the "contracts for difference" system proposed in the bill which guarantee prices to companies.

Nuclear fission is not a "clean alternative" to fossil fuels. The risks were highlighted by the Fukushima nuclear disaster in Japan last year.

The Max Planck Institute of Chemistry in Germany recently produced a report claiming that major nuclear accidents such as the core meltdowns in Chernobyl and Fukushima are likely to happen once every ten to 20 years, far more frequently than previous estimates. A single accident could affect millions of people.

Some argue 'but the Fukushima nuclear plant was badly situated in an earthquake zone, ours aren't'. But do we trust profit-driven energy companies? Were the same assurances of safety not made on behalf of Fukushima in the past?

In addition, there is the lack of a plan for the safe storage of nuclear waste over the hundreds of thousands of years that would be necessary. The financial cost is of course borne by the taxpayer, not by private companies. But we could also bear the cost in terms of safety!

Addressing climate change, safety, and the need for clean energy cannot be left to big business and 'the market'. The energy industry must be nationalised as part of a democratic socialist plan that can invest in and develop renewable energy.

A rapid shift to renewables is needed, alongside other measures such as development of public transport and the conservation of energy. Nuclear fission should not be part of that plan. Genuine international cooperation is necessary. But capitalism is incapable of dealing with these issues; this is why a socialist policy is so necessary!

Nationalise the energy industry
Boost research and implementation of alternatives, including renewable energy generation and conservation
No to nuclear power
For a socialist plan of energy production to tackle climate change and defend the environment

Planning for the Planet

How Socialism Could Save the Environment

by Pete Dickenson £9.95

Pre-publication limited offer: £7 including postage

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Finance appeal

The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
We must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.