EPISODE · Nov 15, 2011 · 12 MIN
Taking the long view
from Expert comment · host CambridgeJBS
Dr Michael Pollitt defends the energy industry in the wake of criticism over their rising profits by their regulator Ofgem, arguing that we need to look at average profitability over a run of years. These figures, he says, should be examined in the round because some of underlying investments the energy companies make pay off over a 15-year, even 40-year period.
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Taking the long view
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