A tense GB News clash erupted between political commentators Piers Pottinger and Nigel Nelson over Labour’s green energy plans.
Pottinger hit out at the proposals after Chancellor Rachel Reeves took the axe to winter fuel payments for pensioners.
He said Labour’s cost-cutting measures all stem from their green energy plans, with Keir Starmer promising to cut energy bills by £300.
Discussing the introduction of Labour’s flagship GB Energy and plans to build wind farms, Pottinger said: “They haven’t got all the expertise in this country to do all this, they will have to use foreign workers.
Nigel Nelson and Piers Pottinger clashed on GB News
GB NEWS
“At the same time, they are going to stop 200,000 jobs in the North Sea. The £8.5bn that Miliband plucked out of thin air, what is that going to achieve?
“It won’t sort our energy problems for the foreseeable future. It’s madness, insanity and every single commentator agrees with me on this.
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“GB Energy is the death knell for this Government. This Government may have the majority in seats, but only 37 per cent of the vote and only 60 per cent of the country voted, so they aren’t actually supported.”
Nigel Nelson hit back to argue the fruits of Labour’s endeavours won’t be evident currently as they are long term plans.
“This won’t happen overnight”, he said.
“The benefits of this are said to come in five years time. There is going to be an increase in the energy cap by next year.”
The matter was a hot topic of discussion on GB News
GB NEWS
GB News host Andrew Pierce waded in to suggest Labour are “giving with one hand, and taking with the other”.
“We should be able to get growth with GB Energy”, said Nelson.
“You’re talking about creating a whole new industry. At the moment, our offshore wind is mostly owned by Germany and Malaysia.
“The idea is, Britain will start to own the factors of production and will make a profit from that.
Rachel Reeves has confirmed the date of the Budget PA“Even Jeremy Hunt admitted that if we get this right, there is a £1 trillion out there available in green energy.”
Rachel Reeves appeared to open the door to tax rises in yesterday’s Commons statement where she discussed a £22bn public spending black hole.
Reeves said: “The budget will involve taking difficult decisions to meet our fiscal rules across spending, welfare and tax.”
She ruled out raising income tax, national insurance or VAT, keeping to the commitments made in Labour’s election manifesto.
“It will be a budget to fix the foundations of our economy and it will be a budget built on the principles that this new Government was elected on,” she said.