Wednesday 17 December 2014

Last hopes of Celtic Energy clean-up near vanishing point

My post of last month mentioned hopes that at least two of the scars left by Celtic Energy's open-cast mining in the county borough might be restored. This BBC report, which includes an illustration of the grim legacy, dashes them.

Local Labour councillors, who were so enthusiastic about the developments and praised the company's promised restitution scheme to the skies, should examine their consciences.

But the major part of the blame lies with the last Labour government in Westminster in actually legislating for the accounting entities which widened the scope for financial sleight-of-hand, for the coalition government in not closing them down again and for the failure of the financial conduct and supervisory authorities under both governments to enforce what law there is in this area.

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