I suppose that I should have waited until after George Osborne’s actual budget speech but I couldn’t resist commenting on what’s already been floated in the UK media. It would appear that the main thrust of Osborne’s economic plan is big infrastructure projects like HS3 and to appease the Green vote tidal lagoons to generate Carbon Free energy.
Taking HS3 for starters it would appear that the whole object of the exercise is to provide a Welfare State for the Banks who have foolishly lent billions to greedy Ten Bob Fat Cat businesses betting on a massive influx of international Jet Set tourists. Similarly the housing market where developers were hoping to sell summer holiday homes to said Jet Set tourists with obvious new summer holiday home developments/ New housebuilding aimed at the summer holiday home market are already getting a massive subsidy to fit solar panels to generate just enough heat in winter to stop the plumbing freezing when the jet set fly south, not forgetting existing homes.
Talking of Green Scams perhaps the proposed Tidal Lagoons are probably the most inefficient and expensive alternative possible as far as generating electricity from the tides. It may be the case that for the capital cost of the Swansea proposal alone the UK could have built a full Severn Barrage plus one for Morecambe Bay as well. At least with a full Seven Barrage you can get a new direct road and rail line into South Wales, similarly one for Morecambe could bring Barrow in Furness back into the Lancashire economy where it always belonged. With both the Severn and Morecambe Bay projects you could get electricity throughout the day utilising nearby hills to provide pump storage from reservoirs, a proven electricity storage as used with nuclear in North Wales. I suspect that the true aim of said Tidal Lagoons at various locations around the UK is to provide a calm boating lake for the yachts owned by the international Jet Set when the wind is up and the real sea is too rough on the long planned date of their holiday ?