LABOUR'S DECARBONISATION PLEDGE WILL COST AT LEAST £200 BILLION

This article in the Telegraph calculates the cost of Ed Miliband's election pledge to decarbonise the UK power sector by 2030. The figure of £200 billion is considered to be a low estimate, as the true cost is likely to be a lot higher. Unfortunately the Conservatives are not exposing this Labour catastrophe as they are too afraid of incurring the wrath of the green lobby. UKIP is the only party with a sensible energy policy, but have no chance of delivering.