Ambrose Bierce defines Responsibility as ‘A detachable burden easily shifted to the shoulders of God, Fate, Fortune, Luck or one’s neighbour.’
I try to keep out of the detail of current politics but I’ve got a problem I’d like sorting out please. I know there are people out there far wiser than me and I’m sure you can put me right.
Firstly, yesterday when the energy companies were being questioned, it was decided that 5% was a disgraceful profit margin, greedy, disgusting.
Which I suppose is fair enough. But if you go on the Tesco website, Tesco’s own annual review shows that in the years 2009 to 2012 the company had a margin which averaged 6.17%. When are the MPs going to haul them in and demand windfall taxes, price freezes etc? Is energy more important than food?
Also energy costs. I checked. A lot of these Green levies go back to July 2009 when Ed Miliband released ‘The Renewable Energy Strategy’. At the time he commented “We are going to minimise the costs as much as possible, but it is true there is not a low-cost energy future out there.” This document estimated that this renewables policy could cost households as much as £250 per year. But checking on Google you can see that at the time energy experts estimated bills could rise by up to £500 every year. Mr Miliband insisted there would be no cost before 2015.
Given that all this was carried out in public in 2009 and we were (probably) all there and all sort of listening, why are we surprised now?