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3 hours ago, Malcolm said:

Government planning for a four day week and blackouts in January.

this is a National Emergency.   Parliament must be recalled immediately.

 

It should, but instead cabinet members remain welded to their sun loungers, halfway through their six week holiday. Not for the first time the civil service are left running the country. What a bloody place. 🙄 

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33 minutes ago, scotlad said:

It should, but instead cabinet members remain welded to their sun loungers, halfway through their six week holiday. Not for the first time the civil service are left running the country. What a bloody place. 🙄 


quite rightly the public will not accept this.  Desperate times, desperate people…. Crime out of control, rioting, that’s what’s coming. It will be medieval.

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31 minutes ago, vanderark14 said:

Is it really necessary for sunak and truss to be on the road touring different areas of England? It's not like the public are voting for either of then.

 


no, but neither give a fuckk about anything else than winning the contest.  Boris has fuvked off now and down tools.  We are in a crisis with no government.

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7 minutes ago, Fairbairn said:

Can someone explain to me, in layman's terms, what the point of an energy price cap is if it can be increased month after month with seemingly no regulation or restriction?

In layman's terms it is a lot of pish - so you are right

https://www.moneysavingexpert.com/news/2022/05/ofgem-announces-plans-to-change-the-energy-price-cap-every-three/

The only solution is Nationalisation of gas and electricity 

Monopolies like energy should not by privatised 

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1 minute ago, Ally Bongo said:

In layman's terms it is a lot of pish - so you are right

https://www.moneysavingexpert.com/news/2022/05/ofgem-announces-plans-to-change-the-energy-price-cap-every-three/

The only solution is Nationalisation of gas and electricity 

Monopolies like energy should not by privatised 

am I correct in saying the french nationalised their gas and electricity? 

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9 minutes ago, Fairbairn said:

Can someone explain to me, in layman's terms, what the point of an energy price cap is if it can be increased month after month with seemingly no regulation or restriction?


the purpose of the price cap was set as a maximum to stop the suppliers colluding and charging a vastly inflated price OVER AND ABOVE the wholesale price.  So it is set as a function of what the wholesale price is in advance.

When wholesale price was low, the suppliers were competing and offering prices below this.  the problem is that when the wholesale price is high the cap rises.  It has to rise to stop the smaller suppliers going bust and forcing them to sell below the wholesale price.

 

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20 minutes ago, Ally Bongo said:

In layman's terms it is a lot of pish - so you are right

https://www.moneysavingexpert.com/news/2022/05/ofgem-announces-plans-to-change-the-energy-price-cap-every-three/

The only solution is Nationalisation of gas and electricity 

Monopolies like energy should not by privatised 


 

so in effect you are saying that the nationalised energy provider would operate at a loss? Or would they simply provide energy at a similar level to the price cap? Why not simply give money back to the tax payer.

Remember, they would also have to buy energy at the global wholesale price. 

do people understand the difference between the various aspects of energy - generation, wholesale, distribution and supply?

it is our ability to produce and store energy that is the issue here.

 

 

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6 minutes ago, Malcolm said:


 

so in effect you are saying that the nationalised energy provider would operate at a loss? Or would they simply provide energy at a similar level to the price cap? Why not simply give money back to the tax payer.

Remember, they would also have to buy energy at the global wholesale price. 

do people understand the difference between the various aspects of energy - generation, wholesale, distribution and supply?

it is our ability to produce and store energy that is the issue here.

 

 

Privatised energy companies are making billions and dishing the profits out to shareholders

Again - A monopoly should not be privatised

 

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24 minutes ago, Ally Bongo said:

Privatised energy companies are making billions and dishing the profits out to shareholders

Again - A monopoly should not be privatised

 

 

Which companies are you talking about here?  do you know how much it would cost to renationalise the industry? It would be in the region of £250bn.

 

 

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9 minutes ago, Malcolm said:

 

Which companies are you talking about here?  do you know how much it would cost to renationalise the industry? It would be in the region of £250bn.

 

 

it is immoral that people make profit on the ability of others to heat their homes in order to survive

Cost is immaterial

 

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1 hour ago, vanderark14 said:

am I correct in saying the french nationalised their gas and electricity? 

I only learned a couple of months ago, EDF are almost entirely owned by the French state.

 

The Tories are against state ownership of things such as electricity, gas, water and rail, but if you are an EDF customer, you are paying a company owned by a state - Just not one you live in.

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1 hour ago, Rich NATA said:

I only learned a couple of months ago, EDF are almost entirely owned by the French state.

 

The Tories are against state ownership of things such as electricity, gas, water and rail, but if you are an EDF customer, you are paying a company owned by a state - Just not one you live in.


yeah, in the same way as RBS was at one point almost entirely owned by the k government 

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43 minutes ago, Malcolm said:


yeah, in the same way as RBS was at one point almost entirely owned by the k government 

Nowhere near the same.  RBS was bailed out post-2008 by the UKG in return for equity.  EDF was a wholly nationalised company, which was privatised in 2004 but with the French government retaining 84% ownership.  Almost the polar opposite in fact.

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34 minutes ago, aaid said:

Nowhere near the same.  RBS was bailed out post-2008 by the UKG in return for equity.  EDF was a wholly nationalised company, which was privatised in 2004 but with the French government retaining 84% ownership.  Almost the polar opposite in fact.


So both companies were 84% owned by their respective governments.  In one case the the government sold a stake diltuting its investment, in the other the government bought an stake to stop the banking system going in to melt down.  The end result is the same with both companies being Government owned.

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4 minutes ago, Malcolm said:


So both companies were 84% owned by their respective governments.  In one case the the government sold a stake diltuting its investment, in the other the government bought an stake to stop the banking system going in to melt down.  The end result is the same with both companies being Government owned.

RBS were in the sh*t.

The French state isn't, temporarily, bailing out EDF are they?

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