Nationalise The Energy Companies
The Owen Jones Podcast
00:00
Pensions
In the seventies, tony ben and others were arguing for a sort of north sea sodton wealth fund. We took a very different road, which was the privatiation of a public assets in the energy subsystem. The key thing is what do we want with an energy system? And obviosly, there is a slight distinction between firms like bepiand shell, which have integrated multe nationals,. versus companies like national grid, which do transmission., te big five, which supply energy generators, et ceta, et cetera. It's irrational to leave the meeting of those three goals to companies whose goals are not maximizing returns - this is why we've seen hundreds
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