In the lead-up to the Cameron-Huhne 'summit' this week on energy prices, politicians of all colours had been breathing fire on the subject of how badly the energy suppliers have behaved. Newspapers in apoplexy. The 'Big 6' were duly summoned to the headmaster's study for six of the best.
But what's this ? Instead of prosecutions under competition law, a friendly joint communique stating that lots of letters will be written to customers, everyone will shop around, and it's all jolly awkward what with world energy prices being so high.
This, ladies and gentlemen, is another early sign of the supertanker slowly being turned around. Someone (Osborne ? this blog ?) has got through to Cameron that, normal cock-ups and business considerations notwithstanding, the Big 6 are not such a venal bunch and energy prices are basically a function of (a) world prices; (b) taxes; and (c) various 'green' impositions made by, *ahem*, that would be you, minister.
Some more back-pedalling in the weeks and months to come, methinks. Say after me: GDP trumps GHG ...