Thread by @7Kiwi

Ed Miliband is extending CfD contracts to 20 years, offering contracts to projects without planning permission & offering CfDs to support "repowering" onshore wind projects. He's making his CP2030 plan irreversible even if he loses his job. Short thread 🧵(1/n)

Nothing says "cheap renewables" quite like extending contracts to 20 years. The impact assessment suggests that extending the contracts will reduce strike prices & reduce short term subsidies, but concedes that consumers will likely pay more subsidies overall (2/n)

Miliband is scraping the barrel of projects by allowing projects without planning permission to bid for CfD contracts (3/n)

Projects to "repower" old onshore wind sites will now be eligible for new CfD support. Guess which prominent Labour donor might benefit from this policy? (4/n)

Overall, Miliband is so desperate to secure the maximum renewable capacity in AR7, he is willing to sacrifice consumer bills by lining the pockets of renewables developers with gold (5/n)

He's trying to get as much capacity as possible under contract in AR7 to make his Clean Power 2030 plan irreversible, even if he loses his job. This will set in stone crippling energy bills for decades to come (6/n)

We radical solutions from opposition Conservative and Reform parties if we are to avoid even more rapid deindustrialisation and economic collapse. Perhaps they should announce they will repudiate the contracts if they get into office? (7/n)

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