The Spectator Podcast

This week: Miliband’s empty energy promises. Ed Miliband has written a public letter confirming that Labour plans to decarbonise the electricity system by 2030. The problem with this, though, is that he doesn’t have the first idea about how to do it. The grid doesn’t have the capacity to transmit the required energy, Ross Clark writes, and Miliband’s claim that wind is ‘nine times cheaper’ than fossil fuels is based upon false assumptions. What is more, disclosed plans about ‘GB Energy’ reveal that Miliband’s pet project isn’t really a company at all – but an investment scheme. This empty vessel will funnel taxpayer money into the hands of private companies rather than produce any energy itself. To discuss, Lara and Will were joined by Shaun Spiers, executive director of the Green Alliance and Stanley Johnson, former MEP, environmental campaigner and author of the new book In the footsteps of Marco Polo deals extensively on China’s energy problems and opportunities. (02:26)Then: Lara and Will take us through