Last night's 10 O'clock News saw another classic illustration of BBC bias. Reporting on the looming energy crisis Britain faces, the BBC kept referring to the "failure of the markets" to provide energy. The idea that we are not producing enough energy because of "the markets" is absurd. The energy sector is one of the most heavily regulated parts of our economy. Energy producers need the permission of officials at almost every turn. Suppliers are unable to supply enough energy precisely because of the rules that force them to shut down power plant, purchase renewables, and jump through all manner of regulatory hurdles.
Last night's 10 O'clock News saw another classic illustration of BBC bias.
Reporting on the looming energy crisis Britain faces, the BBC kept referring to the "failure of the markets" to provide energy. The idea that we are not producing enough energy because of "the markets" is absurd.
The energy sector is one of the most heavily regulated parts of our economy. Energy producers need the permission of officials at almost every turn. Suppliers are unable to supply enough energy precisely because of the rules that force them to shut down power plant, purchase renewables, and jump through all manner of regulatory hurdles.
Hasn't he ever heard of load balancing? En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
He seems to have come up with opposite ideas to John Gummer who has an equally low lying constituency. Any idiot can face a crisis - it's day to day living that wears you out.