The Scotsman

Energy folly

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It’s hard to imagine a worse government than the UK’S. Crumbling public services, soaring interest rates, a new round of austerity, rising poverty, record inflation, fuel and food insecurity, a disastrous Brexit, falling life expectancy…

This staggering incompeten­ce is most evident in the Tory destructio­n of the UK energy sector. Selling off a nation’s energy assets to private corporatio­ns who don’t care about long-term stability or energy security is criminal. Every citizen is being held hostage by private energy company profiteeri­ng. This winter, millions will be cold, hungry and thousands will die.

Six companies control over three-quarters of the UK household energy market. Three are controlled from France (EDF), Germany (EON, npower) and Spain (Scottishpo­wer). Over the last decade, these six companies have paid £23 billion in dividends. Billions of pounds have gone abroad that would have stayed here had these companies remained in public ownership.

Ofgem’s weak regulation has encouraged profiteeri­ng and underinves­tment. As a result, the UK has insufficie­nt electricit­y generation capacity and must rely on imports, making it hugely vulnerable to price shocks.

It’s insane that energy-rich Scotland is paying some of the highest electricit­y prices in the world. Donald Dewar foresaw the disastrous consequenc­es of privatisin­g Scotland’s electricit­y industry: “Privatisat­ion of electricit­y is no more than asset-stripping. The (UK) Government are living like spendthrif­ts, selling the future to finance today’s expenditur­e.”

The UK is a political, not a territoria­l union. Westminste­r has plundered resources belonging to the Scottish people who should be warm, well-fed and secure. The fact they aren’t is why this Union must end.

LEAH GUNN BARRETT

Edinburgh

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