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Peter Hain Was Never To Be Trusted

Monday, August 27, 2012 5:51
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(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. 

ND



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