I thought this was a bit simplistic and cartoony, yet it appears to be bang on.
Having already said that there will be no new coal plants operating without full-scale carbon capture from 2025, Miliband plans to go one further.
Ed Miliband, the energy secretary, is proposing to extend his plans to force companies to fit carbon capture and storage technology (CCS) onto new coal plants – as revealed by the Guardian – to cover a dozen existing coal plants.
The consultation published by his Department of Energy and Climate Change (DECC) conceded that if this happened "we could expect them to close".
As the climate doesn't differentiate between emissions from new coal plants and those from old ones, making emissions restrictions apply to all coal stations is entirely sensible. However, the cost of retro-fitting will be huge and many plants - especially those a long way from anywhere that can store CO2 - would close down.
They really would shut them rather than cough up. Already a bunch of coal stations are to close in 2015, not because they're clapped out but because new regulations on sulphur emissions come into force then and it's too expensive to retro-fit the gear to comply.
The new announcement from Miliband, if it goes through (and it's still an if) would probably mean the closure of Drax and others.
Also, the government has decided to delay the decision on who gets to run the pilot plant with CCS for another 18 months. As they still want it to be up and running by 2014 there almost certainly wouldn't be time to built a new plant, it would have to be a bolt-on to an old station.
Not only would that mean we get practical experience in retro-fitting and make it more viable, it also means no Kingsnorth.
Miliband told the Guardian that the short space of time for E.ON to build a new plant was "one of the factors" which would influence the decision but declined to comment further.
Paul Golby, E.ON's chief executive, has admitted the firm would not build Kingsnorth if it did not win the competition.