Don’t Pay UK campaign promotes dangerous fantasy economics
9 August 2022
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Energy and Environment
Energy and Environment
Commentary by Matthew Lesh discussed in ConservativeHome
11 August 2022
Government and Institutions
Matthew Lesh writes for CapX
Matthew Lesh, Head of Public Policy at the IEA, has written for CapX on Don’t Pay UK.
The campaign, whose members have pledged to cancel their direct debits if energy bills aren’t reduced, ignores the potentially negative consequences this will have for consumers, as Matthew writes:
“If only non-payment could solve all our woes. In reality, this campaign will be disastrous for those duped into participating and risks making an already horrendous energy crisis even worse.
“Putting aside the ramifications for individuals, the campaign is also driven by a manifestly false premise: that higher energy bills are driven by ‘greedy’ companies, paying themselves big profits while ripping off consumers.
“There is a case for further state support for vulnerable households. There is no case, however, for telling people to bury their heads in the sand.”
Read the article here.
The campaign, whose members have pledged to cancel their direct debits if energy bills aren’t reduced, ignores the potentially negative consequences this will have for consumers, as Matthew writes:
“If only non-payment could solve all our woes. In reality, this campaign will be disastrous for those duped into participating and risks making an already horrendous energy crisis even worse.
“Putting aside the ramifications for individuals, the campaign is also driven by a manifestly false premise: that higher energy bills are driven by ‘greedy’ companies, paying themselves big profits while ripping off consumers.
“There is a case for further state support for vulnerable households. There is no case, however, for telling people to bury their heads in the sand.”
Read the article here.
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