Wednesday, November 03, 2010

Right Fund, Wrong Priorities

Photo by Andy S-D

Sometimes Alex Salmond makes sense. Sometimes not.

The Scottish First Minister announced plans yesterday for an investment fund to prepare ports and shipyards for shipping wind turbines and wave and tidal power machines offshore.

That's the sensible part, and he gets plaudits from me for doing so.

The bit that doesn't make sense is that the fund is only £70 million.

Well, I say only, but £70 million would be a lot of money to some people. It just seems dwarved by comparison to some of the other figures that get bandied around for capital projects.

That bleeding Replacement Forth Road Bridge for example, which the government want to spend £2.3 billion on.

The priorities are back-to-front. Salmond would gain even more plaudits from me if he announced the billions for a renewable energy investment fund, and the £70 million to replace the cables on the existing Forth Road Bridge.

But then where would they tie the ribbon for him to cut it?

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