Please note that the post below was published more than ten year ago on 21st November 2009 Nick Herbert MP, shadow cabinet member for the Environment, Food, and Rural Affairs, was in Cumbria this morning to see the areas affected by the flooding. He writes on Conservative Home about his visit. Here is an extract. I’ve been in Cumbria today to see the areas affected by the floods. I arrived early in Keswick where I met officials from the Environment Agency. Although the river levels had fallen considerably and homes were no longer flooded, the damage to homes had been done. And the water which had got into houses wasn’t just from the river – it was foul water which had risen from the drains. I talked to fire crews who were pumping flood water back into the river, and discovered that they were from Tyne & Wear and Lancashire. They had been called in at an hours’ notice and had been working on the scene ever since, staying at a local hotel. You cannot fail to be impressed by the
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The way to really create a shortage or a price increase is simply to interfere with the free market.
The problem comes from passing laws and heavy regulation on things like green energy targets, fixed pricing, over taxation etc.
If anything the energy sector needs less regulation, thus its profitable for several firms to sell gas and electricity, because several can, then they are forced to compete, thus they build power stations, prices fall and no shortage occurs.
We are facing power shortages in the very near future, this is a problem of government interference and over regulation. Can we solve this problem - well yeah, quite probably but we wont solve the problem with more government intervention and regulation.
its a little like seeing a man who has been shot, so trying to save his life by shooing out the bullet thats stuck in his chest.