a budget that will harm the environment and those who need to live in it

George Osborne made his annual budget statement in the House of Commons yesterday on the equinox. Days will get longer from now on but following the budget i doubt if they will get brighter.  These are difficult economic times, but they are also difficult times for the environment. While trying to remedy the difficult economy Mr Osborne has taken the opportunity to completely ignore that part of the economy which centres on renewable energy.

While there is less tax to pay for petrol and diesel and various subsidies for fracking shale gas and for EDF’s proposed nuclear power plant at Hinckley (these subsidies being disguised as incentives or contracts) there was nothing for the environment; Mr Osborne’s comment that he would continue to support the Carbon Capture and Storage experimentation was just more of the same, pretending to be a new measure.

The most worrying comment was that “I want Britain to tap into new sources of low cost energy like shale gas. Shale gas is part of the future. And we will make it happen.”

He will be rudely awoken in due course. In Britain shale gas will not be a source of low cost energy. It will be a source of high cost energy, notwithstanding that the shale gas companies will get very generous tax breaks which those in renewable energy can only dream of.

Once again short term takes precedence over the long term, and our descendants will be left to clear up the mess, if they can. It is a budget that will harm the environment and those who need to live in it.

2 Responses

  1. http://www.spiegel.de/international/germany/germany-cancels-trio-of-climate-programs-amid-funding-shortfall-a-889483.html

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