The Case for Public Ownership in the Energy Sector

There is a persuasive case that the public ownership, particularly of in the energy sector, is cheaper than then de-risking private energy or private renewables. So there is a kind of short term fiscal hawks to be made for public ownership. But we also need a change in the way that that we think about the state's balance sheet where the state will have to have a much larger balance sheet That it has at the moment. I don't think public ownership is enough. And politically, I cannot think that it's possible at the moment, but who knows what the world looks like in five years from now?