Reviving price controls

British leadership continues in the global race to self-destruct via energy fiat. The position seemed under threat when the government began discussing lower subsidies for renewable energy sources. But the leader of the UK Labor Party shows the resolve needed to keep his country out front. Ed Miliband's call for price controls takes the UK energy program to its next logical level. In a Sept. 24 speech at a party conference in Brighton, Miliband said his first legislative act if Labor returns to power in 2015 would be to freeze electricity and natural gas bills for 20 months. Household energy bills have zoomed the past 5 years, he declared, because the market doesn't work. "The system...

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