I’ve been gloating about what Cameron said about green taxes at PMQs today but on a more serious note the green economics need exploding and perhaps ” measures to help the poor ” like the £135 quid towards subsidising bills for low income people in receipt of state benefits. Scrapping all green taxes as identified by the main stream media would mean cutting the £135 to save £115 which on face value is negative in the quest to reduce poverty yet there is only a certain budget for the year and unless you have a social worker who is ” on the ball ” and they get you in early. The result is that many of ” those in need “can’t claim anything and the energy bill can be the final straw on a family budget tipping point into debt and payday lenders, if everybody saved £115 it would have a better overall effect on those below the financial apartheid barrier.
However, if the cost of providing grid connections for wind farms is taken into the green tax equation its probable that 20% of energy bills are due to green policy so a potential of saving at least £150 for everyone, and to maintain grants for new boilers everyone with a household bill 25% above the average, pay a 20% tax on the value of their bill. In effect anyone with a bill over say £2000 per year would pay 20% tax on the cost above that. A truly progressive green tax could increase to 50% on all household bills above say £3000 which would probably include those with swimming pools etc. That could provide enough revenue to subsidise practical home insulation as well but you still have to heat the house up in the first place and its half gone through an open door anyway, the biggest potential saving is always new boilers. Of course any tax free Energy Allowance would have to be index linked to average household energy bills and rise and fall with the true market we so desperately need in the UK, repeal the 2008 Climate Change Act and get back to Coal !
Ever since Ed Miliband’s 2008 Climate Change Act the whole UK energy market has been rigged to favour low carbon energy and particularly Wind Farms and the latest Strike Price for wind only compounds the situation. The price of Gas is propped up by the Strike Price for offshore wind keeping the average wholesale energy price high as expressed per Kw/h of potential electricity generated. The same principle applies to the Oil Price now that its planned to use diesel generators to back up wind in a ” Capacity Market ” probably leading to consumers having to fork out the interest payments plus profits on the capital of equipment basically paid to stand idle most of the time. All in all the perfect welfare state for the stock market parasite investment scam, get domestic energy consumers paying a private tax to fund city bonuses and lifestyles which do far more damage to the ecology of our planet like flying around everywhere on a regular basis often in private jets.
At least fuel poverty has been forced onto the agenda with Shale Gas Fracking, not withstanding the difference in geology between the UK and the US and alleged UK fracking sites already operating without environmental problems the economics for fracking in the UK just don’t add up due to high road fuel duty. George Osborne may be having economic “ wet dreams ” about the potential road fuel duty take, but it still wont be enough to escape the deficit for which the only true alternative remains default. What we really need to do with shale gas is use it as a bargaining tool to get cheaper gas off the Arabs longer term if we don’t go ahead with it, just keep it in the long grass for future reference !
The useful idiot eco-fascists have spoilt our negotiating position but then PCS Union ( who funded nodashforgas at Balcombe ) is mostly job centre staff wanting a high unemployment rate and likewise the rail managers union are probably just as much subsidy junkies as the wind industry.