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Why we need publicly owned energy for a Green New Deal

Rapidly transitioning to a zero carbon future requires a publicly owned energy system centred on democratisation and decentralisation.

Why we need publicly owned energy for a Green New Deal
Offshore wind farm in the Baltic Sea, Bernd W'stneck/DPA/PA Images
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Whether it’s 11 years or 18 months, we haven't got long to make the big, bold changes needed to prevent global climate catastrophe.

If we're going to have a chance of preventing widespread disaster, we can't keep waiting for the private sector to deliver our clean, green energy future. Public ownership is the way to transition quickly to zero carbon, hand in hand with workers, citizens and communities.

Privatisation failed – if you see Sid, tell him

In 1986, when Thatcher sold off British Gas, the company was floated on the stock market, accompanied by the famous ‘Tell Sid’ advertising campaign. In 1990, the UK’s regional electricity boards were privatised. But a shareholder democracy owned by people like ‘Sid’ never materialised.