It is nearly seventy years since Friedrich Hayek dedicated The Road to Serfdom to ‘the socialists of all parties’. Sadly, socialism remains alive and well, and nowhere more so than in the energy policies of all the UK's major parties.
Mr Miliband's proposals to freeze energy prices for homes and businesses for twenty months if Labour is elected, to replace Ofgem with a ‘tougher’ regulator and perhaps to break up the big energy companies are merely the latest in a series of misguided ideas that are leading back to centralised planning of the energy sector.
Read the full blog post hereSource: http://www.iea.org.uk/blog/socialists-of-all-parties-and-the-miliband-energy-proposals
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