The last thing the energy market needs is more bureaucrats and ministers in control
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Prof. Len Shackleton writes for CapX
Mark Littlewood writes for The Times
Andy Mayer writes for CapX
Criticising the plan, Andy wrote:
“The short form of the problem with energy nationalisation is ‘would you trust Ed Miliband to buy a nuclear power station?’.”
Andy also highlighted the economic argument against more state planning:
“State control, or state direction of industry, leads to malinvestment and waste, higher prices and, in energy, risks security of supply.”
The full article can be read here.