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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels." Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate." The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now!" Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward?" That was my take on it too and I think she was honest, rught to the point and conducted herself really well. | |||
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"She wants to give the green light for unregulated fracking. Who would have thought. "It is regulated. It will need community consent. There won't be any fracking in this country. | |||
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"She wants to give the green light for unregulated fracking. Who would have thought.
It is regulated. It will need community consent.
There won't be any fracking in this country."The rise in energy costs has already made a valid case for it to go ahead. It will happen, its only a matter of time. | |||
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"She wants to give the green light for unregulated fracking. Who would have thought.
It is regulated. It will need community consent.
There won't be any fracking in this country.
The rise in energy costs has already made a valid case for it to go ahead.
It will happen, its only a matter of time. "It will. Profit before people and planet is the Tory mantra. | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward?" Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. | |||
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"As Martin Lewis says...no solution is perfect." Is that the expert that said "do nothing" where I fixed the day after at 8p Gas, 19p Electricity? If millions more had ignored his uninformed advice, they'd be £1000's better off like myself and most of my family. | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers." If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. | |||
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"Fracking is putting people before Green Ideology." You know, this forum isn't a competition to say the most ridiculous thing you can think of? | |||
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"Fracking is putting people before Green Ideology. You know, this forum isn't a competition to say the most ridiculous thing you can think of?" I'm sorry you aren't used to having to listen to anybody's opinion but your own. | |||
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"Fracking is putting people before Green Ideology. You know, this forum isn't a competition to say the most ridiculous thing you can think of? I'm sorry you aren't used to having to listen to anybody's opinion but your own." What's my opinion got to do with anything? I'm open to all kinds of debate and sensible ideas. But as your post was utterly ridiculous, where can you go! | |||
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"Fracking is putting people before Green Ideology. You know, this forum isn't a competition to say the most ridiculous thing you can think of? I'm sorry you aren't used to having to listen to anybody's opinion but your own. What's my opinion got to do with anything? I'm open to all kinds of debate and sensible ideas. But as your post was utterly ridiculous, where can you go!" No, your posts are ridiculous. Stop bothering me and everyone else with your imbecilic nonsense. | |||
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"Fracking is putting people before Green Ideology." Ignoring green ideology for a moment, but how is it you think that fracking is putting people first? Onshore fracking his virtually no public support in the areas where fracking will take place. Also, the gas extracted is not a Sovereign resource meaning that the extracted gas gets sold on the world market to the highest bidder. It categorically would not be sold at a subsidised rate just because it was fracked here in the U.K. Lifting the moratorium on fracking is simply a political choice to enable extractors to earn absolute top dollar for extracted gas and reward shareholders whilst U.K. taxpayers contribute to the excess profits. | |||
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"Fracking is putting people before Green Ideology. Ignoring green ideology for a moment, but how is it you think that fracking is putting people first? Onshore fracking his virtually no public support in the areas where fracking will take place. Also, the gas extracted is not a Sovereign resource meaning that the extracted gas gets sold on the world market to the highest bidder. It categorically would not be sold at a subsidised rate just because it was fracked here in the U.K. Lifting the moratorium on fracking is simply a political choice to enable extractors to earn absolute top dollar for extracted gas and reward shareholders whilst U.K. taxpayers contribute to the excess profits." Those bastard shareholders and thier vested interests. | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome." Oil, Gas and energy company shareholders will LOVE her! | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her!" Any others that might also benefit? surely there will be others... | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her! Any others that might also benefit? surely there will be others..." Short term yes, everyone through fixed cap. But it all has to be paid back unlike the increased dividends. This is actually another transfer of wealth from taxpayers to shareholders. Part privatisation would be cheaper (ie taking a stake in these companies). | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her! Any others that might also benefit? surely there will be others... Short term yes, everyone through fixed cap. But it all has to be paid back unlike the increased dividends. This is actually another transfer of wealth from taxpayers to shareholders. Part privatisation would be cheaper (ie taking a stake in these companies)." Taxpayers, won't the wealthier be paying more back than those that can least afford it? | |||
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"Fracking is putting people before Green Ideology. You know, this forum isn't a competition to say the most ridiculous thing you can think of? I'm sorry you aren't used to having to listen to anybody's opinion but your own. What's my opinion got to do with anything? I'm open to all kinds of debate and sensible ideas. But as your post was utterly ridiculous, where can you go! No, your posts are ridiculous. Stop bothering me and everyone else with your imbecilic nonsense." Do you have an example of the "imbecilic nonsense"? | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her! Any others that might also benefit? surely there will be others..." Truss benefits, in the form of donations. | |||
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"I have to say I think it's not a bad plan so far. Not ideal however I think giving people certainty knowing their bills are not gonna go up again in October and January is a very good start. I've been planning for the Winter for a couple of weeks but at the back of my mind it was constantly but what do I do if it goes up more? Now that isn't going to happen and looks like this measure will also help curb inflation. " Good to provide some certainty for both households and individuals. However, we (via the government) are borrowing money to give energy fuel providers. The same companies that are making huge profits from the price increase. Note that these are not the same as the distributors. VAT could have been reduced on energy to increase the saving or reduce the borrowing. Not sure why this hasn't been done. It just seems to put us in a worse debt position. There is no proposal to decouple the price of cheap renewables from gas prices. Fracking and increased offshore oil and gas exploitation will not reduce energy prices. Not enough will be produced to influence the market price. They will allow these companies to make more profits whilst creating a bigger long-term problem with increased greenhouse emissions. It gives them a pretext to fully exploit reserves that they would have been prevented from accessing. Again, this will not benefit the wider population. Every penny spent on fossil fuel extraction would provide cheaper energy, independent of geopolitics if spent on renewables. Removing the green levy will create practically no change to bills, but reduces renewables investment further. No move to reduce energy use or efficiency in insulation etc. The best way to reduce your bills. Capping the energy price will reduce inflation too so that is also positive. A headline that sounds good but ultimately pretty awful. | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her! Any others that might also benefit? surely there will be others..." Who? | |||
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"Fracking is putting people before Green Ideology." No. It isn't. Renewable energy is cheaper than every form of fossil fuel and reduces. the mitigation cost of climate change. With fossil fuels you pay once for more expensive energy and a second time to fix the damage it causes. It putting money before people. Why lie? | |||
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"Fracking is putting people before Green Ideology. No. It isn't. Renewable energy is cheaper than every form of fossil fuel and reduces. the mitigation cost of climate change. With fossil fuels you pay once for more expensive energy and a second time to fix the damage it causes. It putting money before people. Why lie?" You can’t feed eight billion people without oil and the infernal combustion engine though. | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her!" . Plus all the ordinary working people who either contribute to a pension fund or draw a pension via way of a dividend. There is absolutely nothing wrong with being an ordinary working person a lot of people are. | |||
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"Fracking is putting people before Green Ideology. No. It isn't. Renewable energy is cheaper than every form of fossil fuel and reduces. the mitigation cost of climate change. With fossil fuels you pay once for more expensive energy and a second time to fix the damage it causes. It putting money before people. Why lie? You can’t feed eight billion people without oil and the infernal combustion engine though. " It's perfectly possible. Not yet "without oil", but zero reason why not over time. We don't need more fossil fuels now for energy production. It makes no sense if renewables are cheaper even if you do want to try to deny anthropomorphic climate change. | |||
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"I have to say I think it's not a bad plan so far. Not ideal however I think giving people certainty knowing their bills are not gonna go up again in October and January is a very good start. I've been planning for the Winter for a couple of weeks but at the back of my mind it was constantly but what do I do if it goes up more? Now that isn't going to happen and looks like this measure will also help curb inflation. Good to provide some certainty for both households and individuals. However, we (via the government) are borrowing money to give energy fuel providers. The same companies that are making huge profits from the price increase. Note that these are not the same as the distributors. VAT could have been reduced on energy to increase the saving or reduce the borrowing. Not sure why this hasn't been done. It just seems to put us in a worse debt position. There is no proposal to decouple the price of cheap renewables from gas prices. Fracking and increased offshore oil and gas exploitation will not reduce energy prices. Not enough will be produced to influence the market price. They will allow these companies to make more profits whilst creating a bigger long-term problem with increased greenhouse emissions. It gives them a pretext to fully exploit reserves that they would have been prevented from accessing. Again, this will not benefit the wider population. Every penny spent on fossil fuel extraction would provide cheaper energy, independent of geopolitics if spent on renewables. Removing the green levy will create practically no change to bills, but reduces renewables investment further. No move to reduce energy use or efficiency in insulation etc. The best way to reduce your bills. Capping the energy price will reduce inflation too so that is also positive. A headline that sounds good but ultimately pretty awful." Im sure part of the BBC report mentioned that they are to look into how to de couple the energy prices so renewables and nuclear are not priced the same as gas produced electricity. The renewable people seem to be in favour even though they are doing well from the current situation. Bit concerned it involves long term contracts with a minimum price guarantee for the suppliers which may not be much lower than today's rates and certainly higher than pre crises rates | |||
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"I have to say I think it's not a bad plan so far. Not ideal however I think giving people certainty knowing their bills are not gonna go up again in October and January is a very good start. I've been planning for the Winter for a couple of weeks but at the back of my mind it was constantly but what do I do if it goes up more? Now that isn't going to happen and looks like this measure will also help curb inflation. Good to provide some certainty for both households and individuals. However, we (via the government) are borrowing money to give energy fuel providers. The same companies that are making huge profits from the price increase. Note that these are not the same as the distributors. VAT could have been reduced on energy to increase the saving or reduce the borrowing. Not sure why this hasn't been done. It just seems to put us in a worse debt position. There is no proposal to decouple the price of cheap renewables from gas prices. Fracking and increased offshore oil and gas exploitation will not reduce energy prices. Not enough will be produced to influence the market price. They will allow these companies to make more profits whilst creating a bigger long-term problem with increased greenhouse emissions. It gives them a pretext to fully exploit reserves that they would have been prevented from accessing. Again, this will not benefit the wider population. Every penny spent on fossil fuel extraction would provide cheaper energy, independent of geopolitics if spent on renewables. Removing the green levy will create practically no change to bills, but reduces renewables investment further. No move to reduce energy use or efficiency in insulation etc. The best way to reduce your bills. Capping the energy price will reduce inflation too so that is also positive. A headline that sounds good but ultimately pretty awful. Im sure part of the BBC report mentioned that they are to look into how to de couple the energy prices so renewables and nuclear are not priced the same as gas produced electricity. The renewable people seem to be in favour even though they are doing well from the current situation. Bit concerned it involves long term contracts with a minimum price guarantee for the suppliers which may not be much lower than today's rates and certainly higher than pre crises rates" You are right, decoupling was mentioned and is going to form part of the new strategy, as per the very interrupted update from Truss. | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her!. Plus all the ordinary working people who either contribute to a pension fund or draw a pension via way of a dividend. There is absolutely nothing wrong with being an ordinary working person a lot of people are." Liz truss thinks British working people are lazy  | |||
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"So...the government are going to subsidise the energy companies and we are going to pay for it. Sounds a bit like socialism to me." That's the opposite of socialism. | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her!. Plus all the ordinary working people who either contribute to a pension fund or draw a pension via way of a dividend. There is absolutely nothing wrong with being an ordinary working person a lot of people are. Liz truss thinks British working people are lazy "I’m sure she doesn’t | |||
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" Liz truss thinks British working people are lazy
I’m sure she doesn’t "There is an audio recording of her saying it | |||
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"I think its unfortunate that we are where we are but the Government has to do something or some individuals and businesses will suffer very badly. Businesses in particular have very little protection due to the lack of any price caps. I'm also pleased that they seem to be getting a bit more realistic about securing various alternative forms of energy for the future. I'm sure we'd all like to be as environmental as possible in our energy use but there has been a significant amount of delusion in my view in our ability to switch quickly away from fossil fuels. Agree. We should have started to transition from fossil fuels in the 80s when we understood the impact it was having on the climate. The UK (Thatcher Govt) should have taken a long term view and copied Norway with the creation of a sovereign wealth fund to ensure the whole country benefited for many years from the wealth being extracted from the country we are all part of! There should have been contractual obligations on all extractors to also prepare for the future with a minimum % investment in fossil fuel alternatives. Instead it was, as ever, short termist, grab some money now to solve today’s problems and enrich the minority. Trouble is they sold off the family silver and there is nothing left now! Do you feel Truss acknowledged there was no longterm plan and that her plan whilst in government is to reverse that? Surely a good way forward? Actually yes. If she does what she says. After all do you remember Cameron’s pledges on energy generation? We’ll see and I am happy to give credit when it delivers. If she can make this work, she could be setting herself up for a win at the next GE. If the tories want to stay in power they will need to rally to make it happen. It would then be a bloody hard act to follow. If she fails, it will be a very different outcome. Oil, Gas and energy company shareholders will LOVE her!. Plus all the ordinary working people who either contribute to a pension fund or draw a pension via way of a dividend. There is absolutely nothing wrong with being an ordinary working person a lot of people are." Ok boomer! Classic gaslighting technique there. Going totally off topic and implying something that wasn’t said. You do realise that there is every possibility that to fund this bail out to the energy industry, taxes will rise and that impacts on pensions! | |||
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" Liz truss thinks British working people are lazy
I’m sure she doesn’t
There is an audio recording of her saying it"Did she actually say the word "lazy"? | |||
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" Liz truss thinks British working people are lazy
I’m sure she doesn’t
There is an audio recording of her saying it
Did she actually say the word "lazy"? "No she didn't say the word "lazy". She said "they lacked the skill and application of foreign workers and need more graft". | |||
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"Focusing purely on green energy is daft. Compromise is needed. Nuclear isn't easy to manage but far better pollutant wise than what we have now. Plus we could eventually develop rockets big enough to shoot any waste into the sun. Some of the best ideas start off as silly ideas you know." Nuclear is needed during the transition away from fossil fuels. It's part of the focus in green energy. | |||
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