Dear god, he can’t possibly be actually that dense
Nah he’s not. They’re not allowed to do anything but toe the party line if they want election support/funding, ministerial roles, post-MP consulting jobs etc, so they say stupid things a lot and pretend they mean it.
It is proposing a new licence condition to “ensure electricity generators don’t take advantage of existing rules to make excessive profits”
Why? If you want an energy market you shouldn’t be surprised when it does what it can to grow profits, including withholding supply to sell later at higher prices.
This is typical of the past 10-15 years. Plasters on gaping wounds. Energy providers should be competing to sell us their energy generation capabilities. Competition drives down prices in the long run, not intervention. Of course, the lack of an energy strategy or any investment into one for a decade does leave us a bit… well, fucked.
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