Politics and Energy

20 June 2007

Power in politics could be hotting up and next week we will start to see the effects of a new political era. How will it effect the power markets.

Gordon Brown is soon to be annointed premier. He only ever had one real challenger in David Milliband, the current environment secretary. Interestingly, we have seen these two get on much more than players predicted and rumours in Westminster are that he is soon to be promoted to the energy and environment supremo. If this is to happen then look carefully at the way in which nuclear is financed, and the growth in costs associated with the carbon market.

Players will be sweating as Milliband has a reputation for promising huge deliveries and then making the industry pay. These decrees tend to see consumer prices rise and then for the government to say that can't interfere with big business.


Carbon  Nuclear  UK Government  Labour 

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