The Green Party conference has voted in favour of a motion opposing nationalisation of “the five largest energy supply companies”

  • Mr Poletski@feddit.uk
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    2 months ago

    The motion called for the deletion of a previous commitment that:

    The five largest energy supply companies will be nationalised.
    

    Instead, it called for the insertion of:

    As natural monopolies with, at present, high profit margins, electricity national transmission and regional distribution will be brought into public ownership.
    

    And it wanted to insert a position that “electricity generation and storage” are not natural monopolies and should therefore:

    have diversity of ownership including private, public, municipal and community schemes
    
    • wewbull@feddit.uk
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      2 months ago

      Ok. I’m confused. So which was the final position? It sounds like they retained

      The five largest energy supply companies will be nationalised.

      • Armand1@lemmy.world
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        28 days ago

        The key difference in the above statement is that transmission and distribution will be nationalised, but not all generation.