Pay up the incredible £1trillion eco refund!

JUST what planet (threatened or otherwise) are those who think we should pay reparations for damage caused by years of climate change living on? In an act of the most grotesque virtue signalling and abject financial illiteracy, Labour's Shadow Climate Secretary Ed Miliband has signed up to one of the loopiest ideas of all time to pay untold millions to countries such as the Maldives and Pakistan for damage they have endured through climate change caused by the Industrial Revolution.

- Nick Ferrari

Their fatuous argument is that as the United Kingdom was one of the countries to benefit most from the progress all those years back, we should now dig deep to say sorry. And this, remember, from the politician whose doomed tilt at running the country disintegrated into shambles with the production of the farcical "EdStone" featuring the promises of a party that had as much likelihood of forming a government as Pride does of staging a demo on Qatar high street.

In truth, the fact this came from someone who made eating a bacon sandwich appear as complex as tackling a Sunday roast with chopsticks should really surprise no one. What is truly shocking is the other lame, eco-obsessed politicians in total thrall to the Green Brigade.

Appearing on my LBC breakfast show, freshly installed Business Secretary Grant Shapps responded to my question as to whether he supported it with a gibberish pile of word salad, talking about "discussions" and "reviews".

What this needed was a definitive and instant rejection. Even if anyone gave this nutty notion anything more substantial than a passing glance, the holes are as evident as they are in a piece of Swiss cheese.

How is the amount of reparations to be determined? How should the supposed culpability of the UK from centuries past be calculated against the mind-boggling carbon output of countries such as India and China today? N There needs to be a fuller appreciation of what the Industrial Revolution brought to these countries.