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Showing posts from November, 2024

Labour’s Farm Tax Is A Cynical ‘Renewable’ Energy Land Grab

  LAND equivalent to the acreage of some 1,000 UK farms will be needed to accommodate the Labour Government’s Net Zero energy plans. Solar power, for example, requires 34 times more land per unit of energy than nuclear power. However, as the price of UK farmland has trebled over the last 20 years this is causing a major headache for Energy secretary Ed Miliband and his fatuous promise to slash energy bills. Forcing farmers to sell up to avoid Inheritance Tax is seen by Labour as a mechanism to bring more land on to the market and drive down prices. It is in this context that the inheritance tax raid on British farms can be viewed - as a further front in its Net Zero ambition. Farm Land Trebles In Price UK farmland prices have risen from £3,500 per acre to around £10,000 and in 2023 over half of UK farm land was bought by non-farmers  - wealthy individuals and institutions - looking to avoid inheritance tax. As the price of land has risen the rental for solar farms has nudged up to over