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Ben Goldsmith’s Letter To The Telegraph

May 4, 2017

By Paul Homewood



The Telegraph have printed this letter from the billionaire Ben Goldsmith today:



SIR – Charles Moore couldn’t have got it more wrong in writing that climate change fears are elitist and limited to those in metropolitan areas.

MPs up and down the country report increasing numbers of constituents raising this issue with them. There is in fact huge public backing for action on climate change, and in particular support for energy efficiency and renewables.

Moreover, it is a myth that climate policies are driving up energy bills: wind and gas are now demonstrably the cheapest sources of electricity in Britain. Bill-payers are better off as a result of green policy measures which drive greater efficiency. And, ultimately, our economy is stronger because of the world-leading contribution our country makes to green industries.

As we leave the European Union, we must continue to show leadership, encourage innovation, work towards energy self-sufficiency and invest in long-term sustainable energy solutions – no matter what the ever-shrinking collection of climate naysayers do to try to hinder such progress.

Ben Goldsmith
Chairman, Conservative Environment Network
London NW3



Here’s my reply, which we’ll have to see if they publish:



Dear Sir

Ben Goldsmith claims that climate policies are not pushing up energy bills (Letters, 4th May).

He obviously is not aware that, according to the OBR, subsidies for green energy will cost £9.1bn this year, and are due to rise to £14.3bn by 2020. To that figure must be added £11bn for the smart meter rollout. All of this must be paid for by bill payers.

He also claims that wind power, along with gas, is now the cheapest form of electricity. Perhaps he might like to explain why wind farms still require large subsidies under the CfD mechanism, rather than compete on the open market.

Paul Homewood

I have to say it is ironic that the aforesaid billionaire, from one of the poshest parts of London, takes umbrage with Charles Moore’s claim that climate change fears are largely a elitist, metropolitan issue!

  1. quaesoveritas permalink
    May 4, 2017 5:42 pm

    Unfortunately I think he genuinely believes the propaganda and is another victim of confirmation bias.

  2. Joe Public permalink
    May 4, 2017 5:44 pm

    Ben’s comments are not entirely altruistic:

    “Ben Goldsmith’s green investment trust turns red”

    “One of the more intriguing funds to launch last year was Menhaden Capital (MHN +
    ). Managed by Ben Goldsmith, brother of London mayoral candidate Zac, and Alexander Vavalidis, Menhaden is supposed to profit by investing in green businesses and beat the MSCI World Index over the longer term.” [My bold]

    • May 4, 2017 6:44 pm

      Even with a £billion fortune, he can’t resist putting his snout in the trough and thereby further impoverishing the poor (those in food and fuel poverty).

  3. May 4, 2017 5:54 pm

    Have just sent my letter of response to the DT. Doubt they will publish it. Not as good as Paul’s.

  4. rwoollaston permalink
    May 4, 2017 5:54 pm

    Thank you Paul, I saw his letter and was about to respond exactly as you have done. He’s either blind, thick (can you say that these days?) or both.

  5. Harry Passfield permalink
    May 4, 2017 6:22 pm

    If they publish your letter, Paul, it’ll be interesting is one, Cedric Knight comments as much against it as he has commented for Goldsmith’s. (Even though the DT is paywalled you can still read the comments to the Letters pages). I’m left to wonder just who Cedric Knight is…

    • Harry Passfield permalink
      May 4, 2017 6:39 pm

      Googled Cedric Knight. He was the Green candidate for Hoxton in 2005 and polled 201 votes. His comments are very much in the mould of a Green activist.

  6. May 4, 2017 6:54 pm

    And he is an M.P.? What is his field of expertise, scrabble? He clearly does not have a clue about the thinks he pontificates on.

  7. May 4, 2017 6:55 pm


  8. HotScot permalink
    May 4, 2017 11:58 pm

    The single observable consequence of increased atmospheric CO2 over the last 30 years is that the planet has greened by 14% (9% net when any possible human intervention is removed) according to NASA data.

    In the entire portfolio of predicted global Armageddon caused by increased atmospheric CO2, not one single one of them has been observed.

    And the alarmists clarion call is?


    They missed an ‘i’.

    Effing bigfeet.

  9. Europeanonion permalink
    May 5, 2017 8:04 am

    But I bet he wears jeans that have tears in them, social camouflage.

  10. May 6, 2017 4:30 pm

    I feel that the DT was very wrong to publish, uncritically, the Goldsmith letter. It is well known and in the public domain that his “facts” are everything but; that he is a campaigning zealot, with no concern for either balance or truth; and that he has quite deliberately positioned himself so that he can gain commercially from “green” businesses, such as he promotes.
    Sad, as well as wrong.

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