Bring back Gordy

[BlasterBates]

Why is everyone euphoric??


Capital Gains Tax back to 40%

Environmental taxes

No new fossil fuelled or nuclear power stations -- (how the f*** are they going to keep the lights on)

IR35 still firmly in place

[moorfield]

No new fossil fuelled or nuclear power stations -- (how the f*** are they going to keep the lights on)

That will change when petrol hits £2 / litre next month. There is no no way nuclear is not an option for the next century.

[DodgyAgent]

Why is everyone euphoric??


Capital Gains Tax back to 40%

Environmental taxes

No new fossil fuelled or nuclear power stations -- (how the f*** are they going to keep the lights on)

IR35 still firmly in place

(Reuters) - The Liberal Democrats agreed to drop their opposition to a new generation of nuclear power stations in one of many "unpleasant" compromises needed to secure a power-sharing deal with the Conservatives, the new energy minister said on Thursday.

UK

Chris Huhne, a Liberal Democrat who has described nuclear power as a "failed technology," said it was worth sacrificing one of his party's key election pledges to bolster Britain's first coalition since 1945.

The Conservatives and Liberal Democrats agreed to share power on Wednesday after the ruling Labour Party failed to win a fourth term in office at an inconclusive election last week.

Under their agreement, the Liberal Democrats agreed not to vote against Conservative proposals to build new nuclear power stations to replace the current ageing plants.

"This is a coalition agreement that has always involved compromise on both sides," Huhne told BBC radio. "There are a whole series of compromises which have been struck in this agreement which I think are obviously unpleasant for each of the parties."

The pay-off for such compromises is a chance to "reshape British politics" and protect the economic recovery, he added.

The Labour Party, forced out of power after 13 years, supports the new nuclear power stations and its votes would probably guarantee a Conservative victory in any parliamentary vote. The Liberal Democrats, who say nuclear power is too expensive, would abstain.

"If there is a majority in parliament in favour of a particular proposal...new nuclear will go ahead," Huhne added.

Nuclear reactors generated about a fifth of Britain's electricity in the second quarter of 2009, but all except one of them is due to shut by 2025.

With time running out to build a new set of reactors, the Conservatives announced measures before the election to speed up the planning process to stop protesters from delaying their construction. The new planning system would give parliament direct powers to approve new nuclear power stations.

Britain was the first country to set legally-binding targets to cut greenhouse gas emissions to help combat climate change and all the main parties are committed to weaning the country off fossil fuels.

Huhne, a former financial journalist, said Britain should massively increase its reliance on renewable energy, such as tidal, wave, solar and wind power. It currently accounts for about 6 percent of the total.

"We literally have an abundance of potential renewable energy and yet we have one of the worst records of any country in the European Union for generating electricity from renewables," he said, describing the renewable energy share as the former government's "most scandalous legacy."



You had me worried for a moment there!

[scooterscot]

Why is everyone euphoric??

Because the reality is too depressing to contemplate.


Mother always used to say 'the quicker you rise the harder you'll fall',

[lilelvis2000]

On Twitter Milliband is advertising Labour memberships for £1 if you feel that strongly.