The Scottish Government is to explore setting up a not-for-profit publicly-owned energy company. I can hear the cheering around the country as we all think back to our most recent rip-off bill from SSEB (Scottish Super Executives Bonuses).
The pledge to do so was in the manifesto. The FM said:
‘Energy would be bought wholesale or generated here in Scotland – renewable, of course – and sold to customers as close to cost price as possible. No shareholders to worry about. No corporate bonuses to consider. It would give people – particularly those on low incomes – more choice and the option of a supplier whose only job is to secure the lowest price for consumers.’
That is music to my ears though I wonder how the EU would react? I’m guessing here, but isn’t one of the reasons Norway stays out of the EU and in EFTA, is so that they can have a nationalised oil and gas company which prevents multi-nationals ripping them off and which has enabled them to tuck away £1 trillion from fields considerably smaller than those in the Scottish sector of the North Sea and Atlantic?
I think there’s a growing awareness that the SNP needs to drop its uncritical acceptance of the value of EU membership which probably cost it seats at the last election, explain EFTA and, by all means, promise a post-independence referendum on joining the EU again but, this time, one with all the information on the table for the people to consider.
See this for a fuller critique of the EU: