STUC Comment on reports that the Government is considering intervening to bailout gas companies

September 20th 2021

STUC Comment on reports that the Government is considering intervening to bailout gas companies

September 20th 2021

Commenting on reports that the Government is considering intervening to bailout gas companies, STUC General Secretary Roz Foyer said:

“This crisis has been caused by years of under-investment, a lack of planning, and reliance on a market which is too concerned about profit-making rather than security of supply or climate change.

“UK Government intervention is needed but it cannot simply be to bailout companies and prop up private profits. We need fundamental transformation of our energy system - with far greater public control and ownership, and far less reliance on imports – whether that be gas from Norway or turbines from Denmark.

“This crisis also makes reports that the Scottish Government intends to abandon their commitment to a publicly owned energy company all the more concerning. A Scottish National Energy Company that prioritises the domestic supply chain is essential to making the energy system work for people and planet.”

ENDS

For more information, please contact Rachel Thomson, Campaigns & Communications Officer on 07974966227.

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