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“I see a role for public property” in the energy system, says Ed Miliband – LabourList

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Ed Miliband of Labor suggested that a “fundamental look” is needed on the energy sector and said he sees a “role for public ownership in relation to the energy system” in the UK.

On BBC Radio 4 Today Program this morning, the Shadow Business, Energy and Industrial Strategy Secretary warned listeners that the UK energy industry has left the UK “exposed and vulnerable as a country”.

“The best way to energy security, energy sovereignty for our country is to go further and faster on the zero carbon agenda,” said Miliband.

When told that a lot of people think that the current energy crisis shows that the country should go back to a nationalized energy system, he replied: and that is what we are going to do.

When asked if the energy system should be renationalized, he said: “There are many elements in the energy system – there is generation, there is distribution, there is transmission and there is transmission. supply, and I see a role for public ownership in relation to the energy system.

“But I think we have to get it right. And I think what happened is that we started with a very liberalized system. As you say, we’ve introduced, if you will, market constraints, including price caps – we need a fundamental review of that market and there is a role for ownership, yes. “

This morning’s interview followed an appearance by Keir Starmer on The Andrew Marr Show last month at a Labor conference, where the leader told viewers the party would not nationalize the six big energy companies.

Miliband’s comments on the energy crisis precede a speech he will deliver to the Green Alliance this afternoon. He will say that Boris Johnson must “get off his deck chair” and “be a statesman” before the COP26 climate summit.

On Times Radio today, Miliband also commented on Starmer heavy truck crash, saying, “This is not a bacon sandwich. I think it proves that we need properly trained heavy truck drivers and the government needs to get a grip on heavy truck drivers.

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