Nationalise energy to go green, says Corbyn
BRINGING Britain’s energy system back under public ownership is the best way of going green, Jeremy Corbyn has insisted.
Mr Corbyn told a party conference on alternative models of ownership that Labour needed to take a radical approach to battling climate change.
The Labour leader said: “The greenest energy is usually the most local. But people have been queuing up for years to connect renewable energy to the national grid. With the national grid in public hands, we can put tackling climate change at the heart of our energy system. To go green, we need and must take control of our energy.”
Mr Corbyn told the London gathering yesterday that the UK should follow a global tide of public ownership.
“We can put Britain at the forefront of the wave of change across the world in favour of public, democratic ownership and control of our services and utilities,” he said. “Countries across the world are waking up to the fact that privatisation has failed, and taking back control of their public services.” The Labour leader said the impact of climate change required action at least as radical as that taken in 1945 by “the great Attlee Labour government” to rebuild Britain’s economy after the war.
Last night, the Centre for Policy Studies said claims by Labour that nationalisation would cost “absolutely nothing” were wrong.
Daniel Mahoney, the CPS head of economic research, calculated that the minimum upfront cost would be at least £176billion.
It followed claims made by John McDonnell to the Labour conference.