When will Government appointed Bureaucrats leave well alone?
When there was only the Electricity Board supplying Electricity and only British Gas supplying Gas, we scrapped these so called monopolies to create competition.
Now that we have a dozen or so Private Companies supplying us with both Gas and Electricity, OFGEM (a Government Bureaucracy) is now referring them all to the Competition and Markets Authority (another Government Bureaucracy) who we are told will investigate and produce a report in 2 years time.
Meanwhile not having built any new power stations since Labour came to power in 1997, we are now going to shoot the UK Energy Industry in the foot. What investor / person is going to invest in these industries while this investigation takes place. Yes, blackouts may well be on there way.
As Mrs. Thatcher said, "You cannot buck the market", so when will bureaucrats heed this very sensible advice
No comments:
Post a Comment