Visitors Now:
Total Visits:
Total Stories:

By Capitalists@Work (Reporter)
Contributor profile | More stories

Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

Peter Hain Was Never To Be Trusted

Monday, August 27, 2012 5:51

% of readers think this story is Fact. Add your two cents.

(Before It's News)

The two-faced orange-faced one is at it again. This time it’s his new project, the putative Severn Barrage:

The prime minister promised to look into it,” Hain told the BBC. “Government support is an absolute pre-requisite for getting the whole project underway. Not a penny of taxpayers’ money would be needed for this £30bn investment, which would be transformative for Wales … Several sovereign wealth funds have already expressed interest in financing the £30bn project, as long as government signals its support in principle, provides authorisation in the form of a Hybrid bill, and stabilises the electricity price for 25-30 years through a feed in tariff, ‘Contract for Difference’, or similar mechanism. It is worth noting that after 25-30 years, when the price support drops away, the barrage will produce electricity virtually for free for at least another 90 years

How public discourse has been debased by the weasel-phrases coined by Huhne (another lying LibDem): not a penny of taxpayers’ money … as long as government ‘stabilises’ the electricity price.

By ‘stabilises’, he means of course ‘triples‘, just like EDF wants for its wretched “no-public-subsidy” nuke (yes, a third LibDem dissembler). Well, the last time I looked, most UK tax-payers are UK electricity users. Additionally – and who knows how Hain squares this one away to himself – quite a few electricity users are non tax-paying grannies.

And electricity virtually for free for at least another 90 years ! How’s that, Peter – you propose it be given away ? Your sovereign wealth chums may have a different scheme in mind.

Oh – and an entertaining tussle ahead between the highly-paid orange lobbyist and the wildlife/natural habitats camp, I should imagine.