Outlook: Energy review
Friday 09 October 1998
It is an odd sort of market that has to be rigged by government dictat in order to be opened up later. Mr Mandelson insists he has not bought miners' jobs at the expense of jobs in the North Sea or the construction industry. He also declines to play the numbers game by giving coal a set market share, insisting instead that coal will have to fend for itself.
When it comes to renewable energy, however, ministers come over all misty- eyed and wax lyrical about 10 per cent of Britain's homes running on wind and wave power by 2010. Back in the real world of energy, they fall back on the fuzzy mantra of "diversity and security of supply".
Yesterday's white paper on energy policy runs to 196 pages. But the reader will search in vain for an answer to how long the gas ban will last. Nor do we know what chance Mr Mandelson has of squeezing his reforms of the electricity trading market into the legislative timetable.
The biggest test of our long-term energy policy and green agenda - what happens when nuclear starts to run down - is relegated to a single paragraph. That will have to wait for another white paper, rushed out presumably like this one when the crisis is upon us. Meanwhile the Government's free market model has suffered a nasty dent, which Mr Mandelson and his spin machine at the DTI will have to work hard to panel-beat out.
- 1 Scottish independence: Ireland since 1919 is a lesson for Scotland in what a Yes vote means
- 2 Thailand deaths: Pair's bloodied bodies found naked on Koh Tao beach
- 3 Lego breaks out of the toy box and heads for the gallery
- 4 Julian Assange and Edward Snowden join piracy mogul Kim Dotcom’s political campaign in New Zealand
- 5 Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Thailand deaths: Pair's bloodied bodies found naked on Koh Tao beach
Jihadi John': MI5 may have identified Isis militant who killed David Haines but options limited
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Scottish independence: Police will be on high alert on Friday whatever the result
David Haines beheading: David Cameron says Britain will hunt down Isis 'monsters' shown in video murdering aid worker
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
Salmond accused of laughing off national debt with ‘what are they going to do: invade?’ joke
iJobs Money & Business
£20 - 24k (Uncapped Commission - £35k Year 1 OTE): Guru Careers: We are seekin...
£20 - 24k + Benefits: Guru Careers: This is a great opportunity for an enthusi...
£280 - £320 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...