Public subsidies to energy companies are not a good policy. We need public ownership of the energy system, not just the retail companies but as much of it as possible. So reluctant are the Tories to do anything substantial about energy bills that Labour’s policy of freezing bills through a subsidy to the retailers has been widely presented as a radical turn. It’s popular: YouGov found 86% support it, and 85% of Tory supporters.
Public subsidies to energy companies are not a good policy. We need public ownership of the energy system, not just the retail companies but as much of it as possible. So reluctant are the Tories to do anything substantial about energy bills that Labour’s policy of freezing bills through a subsidy to the retailers has been widely presented as a radical turn. It’s popular: YouGov found 86% support it, and 85% of Tory supporters.