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Should we learn from countries whose companies own our energy providers?

Celia Richardson, director of the Social Economy Alliance, is the lead signatory of a letter in the Financial Times.

 social economy alliance logo

The Alliance was launched by Social Enterprise UK, a coalition of leading social economy organisations, in order to influence the way political parties formulate social and economic policies before the next General Election and increase the impact of the social economy.

ResPublica 9.13 report coverWelcoming Ed Miliband’s focus on energy, she referred to the growing community energy industry in this country where neighbours are collaborating, creating jobs and ‘growing their social capital’.

The latest publication from ResPublica suggests that community energy could grow to eighty-nine times its current size if existing barriers were lowered. The letter continues:

‘Other countries, whose companies own our energy providers, are developing their own community energy and renewables at a fast pace, while the UK suffers – we could learn from their domestic policy.

 

‘Energy is where Britain can tackle serious economic problems at the same time as tackling social problems, as well as our large and growing democratic deficit’.

NOTE

Social enterprises are businesses that trade in order to address social problems, improve communities, people’s life chances, or the environment.  They sell goods and services in the open market, but reinvest their profits back into the business or the local community.

And so when they profit, society profits.

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