His promise for a 20 - month
freeze in energy prices signals something exciting for Westminster watchers: the development of a real gap in ideology between blue and red.
They felt they needed a «game - changing» moment, and got one via Miliband's well - received announcement of
a freeze in energy prices.
Not exact matches
The pledge to
freeze energy prices received wide support
in post-election polling, and when it comes to which party would be better at increasing people's living standards, Miliband and his party have a lead (albeit, a narrow two - point one) over Cameron and the Conservatives.
This year Labour's conference and the party's offer of
frozen energy prices produced an immediate leap
in the polls, but one that lasted all of a week before normal service was resumed.
Tensions are already running high
in Brighton as
energy companies get ready to take on Ed Miliband's
price freeze - and the Labour leader may be more vulnerable than he realises.
Its fall
in support was partially reversed for five months from last September — a period when Labour MPs voted against attacking Syria and plans to
freeze energy prices and repeal the Bedroom Tax were announced.
Solid majorities support all the
energy price proposals made over the last few days, 72 % support Miliband's
price freeze, 73 % Major's windfall tax, 64 % Cameron's reduction
in green taxes.
In his address to Labour party conference, Ed Miliband answered the widespread pleas for policy substance with two eye catching announcements — a two year
price freeze on
energy prices from 2015 and a target to build 200,000 homes.
Labour's promise to temporarily
freeze energy bills — as well as being a con, with
energy companies bound to hike up
prices both before and after — would also be a huge blow to our renewables sector — spooking investors and threatening billions of pounds worth of investment
in green
energy.
The
price freeze will be brought
in by a piece of emergency legislation that gives the secretary of state the power to reform the licences of
energy suppliers.
For he began singing that signature tune the moment Ed «the Eagle» Miliband, brow furrowed, eyes triumphant, began squawking about the cost of
energy bills, and invited poor Kermit to «implement Labour's
price freeze - two parties working together
in the national interest».
This would increase fuel poverty for families and pensioners whilst,
in contrast to Miliband's
energy price -
freeze, make a negligible difference on soaring bills.
Shares
in Lloyds Banking Group rose 5.75 % while Barclays was 3.7 % higher», adding, «
Energy firms also saw their share prices rise, as Labour had wanted a price freeze and more powers for the energy regu
Energy firms also saw their share
prices rise, as Labour had wanted a
price freeze and more powers for the
energy regu
energy regulator.
And Mr Miliband, after stealing the birthday boy's thunder, delighted
in accusing the prime minister of «floundering around... you have no answer to Labour's
energy price freeze.»
Coming hot on the heels of the row about whether Ed Miliband's populist
energy price freeze pledge would drive away overseas investment
in the UK, these tensions show the challenge Britain's politicians face when trying to court voters, the popular press and businesses at the same time.
We will make sure markets work for consumers and businesses by reforming our uncompetitive banks and reforming the
energy market too, with a
price freeze for families and businesses while those long - term changes are brought
in.
They have been used to challenge Slovakia's public health system, and Argentina's
energy price freeze in the midst of an economic meltdown.
Lord Mandelson may not have much support
in the Labour party (see 9.20 am), but the rightwing press certainly share his reservations about Ed Miliband's plan to
freeze energy prices.
Liberal Democrat
Energy Secretary Ed Davey warned that a
price freeze could result
in the lights going out.
When Ed Miliband announced the
energy price freeze it was a case of interfering
in the market (albeit a heavily regulated one) and an example of Labour being anti-business.
The shift
in the polls over the past week suggests the impact of the
energy price freeze is now diminishing.
Peter Atherton, a leading
energy analyst, warned last week that investment
in power generation was «killed stone dead» until the next election by Ed Miliband's call for a
price freeze and government delays
in introducing promised electricity market reform.
In the two months since Ed Miliband's conference speech, politics has been defined by Labour's
energy price freeze commitment.
And
in the business section, Clifford Krauss looks at the challenges that renewable
energy technologies are facing because of the credit
freeze and the plunge
in oil and natural gas
prices:
It's possible that SB 6203 could catch up to I - 732 if its clean
energy funds are spent very well; however, its
price freezes in 2030.
The UK's reigning green
energy company, Ecotricity, recently announced that it will be extending its
energy price freeze for all customers yet again (following one announced
in October).
Ecotricity Extending
Energy Price Freeze Until October — Longest Period Of
Price Stability
In Entire
Energy Industry was originally published on CleanTechnica.
International
Energy Agency executive says output
freeze aims to build confidence
in stabilising oil
prices
Screen size: 30 to 61 inches Pros: Rich colour; stylish - looking; more viewing angles than rear - projection or LCD units Cons: Plasma TVs run hotter and use more
energy than other TVs; possible fading over time or blurred text and screen burn -
in from scoreboards, tickers or video games set on
freeze - play;
prices can still be prohibitive