Hinkley Point C: Theresa May Has Just Failed Her First Big Test

Apparently not.

As bad decisions go Theresa May’s go-ahead for the Hinkley Point C nuclear reactor is right up there with the disastrous PFI deals made in the Tony Blair era. And for the same reasons: where was the cost-benefit analysis, where is the sense of fiscal responsibility, where is the respect or consideration for the taxpayers who’ve been saddled with the bill?

On almost any measure, the Hinkley Point C project is a truly spectacular waste of taxpayers’ money.

The EPR (European Pressurized Reactor) technology for which Britain is paying the French company EDF massively over the odds is already out of date. There are better, more modern alternatives – such as the APR1400 from South Korea – which could be brought on line more quickly and more cheaply.

The electricity it will eventually produce will be the most expensive in the world. Under a deal made by the ludicrous former Energy and Climate Change Secretary Ed Davey – described as one of the “worst in history” – Britain will be obliged to pay £100 per megawatt hour (in today’s terms – but it’s index-linked, so will be £125 by the 2025 start date) almost three times above the current market rate, for a period of 35 years.

Most of this is pure subsidy: the National Audit Office has calculated that it will add £30 billion to electricity bills over that period – or a total of £1,000 per household.

According to Paul Homewood that’s an underestimate. He believes the project may end up costing Britain a total of £84 billion at current prices – half of which will be in subsidies.

But perhaps the most worrying part is what it tells us about the character of Theresa May and Britain’s future prospects under her administration.

Read the rest at Breitbart.

Britain’s New Prime Minister Drives a Stake Through the Heart of the Green Vampire

Incoming Prime Minister Theresa May has driven a stake through the heart of her predecessor David Cameron’s fluffy, faux-Conservative project by scrapping the Department of Energy And Climate Change (DECC).

Established in 2008, DECC was a hangover from the Gordon Brown era of woeful misgovernance. Its first Secretary of State was future failed Labour leader candidate Ed Miliband whose only significant political achievement also happened to be one of the most expensive and pointless in British parliamentary history: the drafting of the truly disastrous Climate Change Act.

Under the terms of the Climate Change Act – written by a green activist from Friends of the Earth called Bryony Worthington; endorsed by Cameron’s Conservative opposition and rejected by only five MPs – Britain is legally committed to more stringent “decarbonisation” targets than any other country in the world, at an annual cost of around £19 billion a year.

Miliband’s successors, under the awful Conservative/Lib Dem Coalition government were even worse. For some bizarre reason probably not unconnected with utter fecklessness, green delusion and a fatuous desire to virtue signal, Prime Minister Cameron decided to hand over the keys to DECC to his Lib Dem Coalition partners.

So began probably the worst appointments since some bright spark said: “I know. Let’s make Gaius Verres Governor of Sicily.”

Sure, DECC might have seemed on the face of it a nothing department which could safely be handed over to the losers, perverts and half wits the Liberal Democrat party tends to attract. What appeared to have escaped the Prime Minister’s notice is that any department with the word “Energy” in the title – effectively puts the people who run it in charge of a goodly part of the economy.

First, the job was given to Chris Huhne, an automaton-like, Westminster-educated, millionaire Europhile ex-City boy with at least five houses to his name and a zealous urge to carpet the British countryside with wind farms and solar arrays.

Read the rest at Breitbart.

Sir. Ed. Davey: Everything That’s Wrong With Britain’s Energy Policy

Jeff J Mitchell/Getty Images

Sir Ed Davey. Three words that tell you everything you need to know about the worthlessness of Britain’s honours system, the backscratching, sod-the-electorate trashiness of its political class and the still, as-yet-unaddressed lunacy of its energy policy.

In an extremely crowded field, Ed Davey is generally reckoned to have been Britain’s worst ever Secretary of State for Energy and Climate Change. The only reason he got the job was because his predecessor Chris Huhne was unexpectedly banged up in jail and the desperate David Cameron needed a Liberal Democrat, any Liberal Democrat, to take on the job because of his (Cameron’s) suicidally stupid decision to hand the keys to the Department of Energy and Climate Change (DECC) to his bedwetting Coalition partners.

Apart from carpeting Britain’s landscape with ever more bat-chomping, bird-slicing eco-crucifixes, Davey’s principal achievement in office was negotiating the contract with the French company EDF to build the Hinkley Point nuclear power station, described by one industry analyst as “the worst deal I’ve ever seen.”

Indeed. The current going rate for electricity is £33 per megawatt hour.

But the brilliant deal Davey somehow managed to extract from a naturally very reluctant EDF was to persuade them to accept a modest £92.50 per megawatt hour, inflation adjusted. For those, like Davey, unable to do the maths, that is approximately three times the market rate – over a period of 35 years, paid for of course by the taxpayer.

Read the rest at Breitbart.

If This Is Britain’s Energy Policy, We’re Toast

Daft energy bill

Davey: third runner-up in a Wayne Rooney lookalike contest.

“Global warming” is SO totally over. Even President Obama concedes this now. The problem is that after twenty years or more of infectious drivel from the richly-funded global junk science community (NASA, the Royal Society, the “University” of East Anglia’s Climatic Research Unit, the National Academy of Sciences, etc), the minds of too many politicians have been poisoned, and too much damage has already been done.

Which brings us to Energy Secretary Ed Davey’s draft energy bill. It’s a disaster. It will, if implemented, do untold damage to the British economy and the British landscape. So much is obvious to anyone with half a brain or the merest smattering of knowledge about Britain’s approaching energy gap, about the utter uselessness of “renewables” and about the shale gas story. Yet it seems that few in our political class can see it. And that those who do – Graham Stringer, Peter Lilley – seem not to have enough clout to make any difference.

Everything the tragic Davey – whose only possible use to mankind would be as maybe second or third runner up in a Wayne Rooney lookalike contest – has to say on the subject is either wrong, stupid, fatuous, economically suicidal, a total misrepresentation of the truth – or all five put together.

For example:

Mr Davey, the Energy and Climate Change Secretary, said it was impossible to “turn back the tide” of rising energy prices and that consumers should expect rising bills.

As Bishop Hill notes, this is absolute rubbish. In the US, the price of gas has not risen but has collapsed thanks to the wholesale exploitation of shale gas. This is one reason that the US economy is growing and ours isn’t. Cheap energy is good for everyone. (Not, it must be said, that this is any of Obama’s doing. It has happened despite him, rather than because of him. Indeed Obama is just as ideologically committed as his European socialist counterparts are to driving up the cost of energy, as this story at PJ Media reveals – H/T Bohemond).

The two things most scandalous about the draft energy bill are first its ongoing commitment to the disgusting nonsense of renewable energy (meaning more of the landscape will be ravaged, more lives ruined, more revolting rentier scuzzballs enriched by the great wind farm menace). And second, its tacit rejection of the shale gas revolution.

As the No Hot Air blog has noted there are many vested interests which would like to see the UK shale gas industry nipped in the bud: everyone from companies in the business of “carbon capture”, renewables, and other fake green non-enterprises to those in the natural gas sector (who see unconventional shale gas, rightly, as a massive threat to their monopoly). Many of them would seem to have attended the last Downing Street summit on the subject. The company – Cuadrilla – which is actually looking to exploit Britain’s shale gas potential was mysteriously NFI.

The final straw, of course, will be the report on shale gas due to be produced by the Royal Society in collaboration with the Royal Academy of Engineering. Knowing what we know of the Royal Society’s dire politicisation under its three most recent presidents this will be about as trustworthy and scientifically accurate as a report on genetics produced for comrade Stalin by Trofim Lysenko.

Are we really going to allow our economic recovery to be jeopardised by a tiny handful of rent-seeking corporatists, green ideologues and lame-brained, out-of-touch, know-nothing politicians who saw Josh Fox’s Gasland propaganda movie once and found the flaming tap scene really scary?

Apparently we are. We’re toast.

Related posts:

  1. Peak energy? What peak energy?
  2. Exploding Watermelons: ‘Oh no, not another ruddy energy revolution?’
  3. Cameron’s favourite greenie Zac Goldsmith is toast
  4. The real cost of ‘global warming’

2 thoughts on “If this is Britain’s energy policy, we’re toast”

  1. Nonny says:13th June 2012 at 9:39 pmGod, I love you James Delingpole. I was having a terrible day until my sister sent me a link to your “open letter to the Bishop” re renewables. It cheered me up so I had to come to your site to read some of your rants. They are lovely, absolutely lovely. I didn’t think anyone except Mark Steyn could cheer me up, but you’ve made my day. God bless you and thank you for making an old woman smile.
  2. Contactds says:17th June 2012 at 2:29 pmOne thing I am absolutely certain about is that our educational system has been hijacked by the zealots of the left and the green movement, from an early age our children are being slowly brainwashed into their now much discredited theories right up to and through university, with prescribed text books and lectures that are totally unbalanced and do not allow for rational thought or independence of mind anymore. Where are the the inspirational old teachers who led by discussion and allowed argument, nurtured free independent thinking and gave us our scientists and leaders, no more all we have now is a future of totally second rate politicians and scientists with no independent thought process other than to follow the bigots of global warming, anyone who stands up to them is bombarded with abuse in a desperate attempt for them to hang on to the billions totally wasted over the past 20 years. Most of their pet projects have been disasters and damaged the environment far worse than any so called Human CO2 output.

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