Last week, Labour announced their 6 pledges. Item 4 was most interesting because it was about energy, as stated below;mportance to HY NEWS readers is step 4, titled “Set Up Great British Energy”, which states:
Labour will switch on Great British Energy, a new home-grown, publicly owned clean energy generation company that will see bills cut for good, boost energy security and create jobs. Great British Energy will be funded in part by a proper windfall tax on oil and gas giants making record profits.
Headquartered in Scotland, Great British Energy will ensure jobs and supply chains are built here in the UK, developing our clean energy industries.
Labour’s plan will lower bills because renewables are far cheaper than gas.
Great British Energy is part of Labour’s Green Prosperity Plan to create 650,000 good jobs, cut bills by £300 on average and deliver real energy security.