Originally posted by mattster
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Reply to: Things can only get better
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Previously on "Things can only get better"
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Originally posted by Paddy View PostAverage energy cost around £5000, you need to earn double that before-tax to pay for that.
UK's big mistake was to drop nuclear power.
This government needs to pull its thumb out of its backside and actually start doing something to protect the future of this country. I agree 100%, we should have been building nuclear like crazy, starting 15 years ago. US rates for electricity average about 8p kwh, from April we'll be paying 28p and businesses probably more (no cap). Beyond the enforced £200 loan, which we'll probably have to pay back when bills are even higher, I haven't heard anything resembling a plan from this government at all.
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Originally posted by WTFH View Post
Good point, well made. NASA are not private sector. Private sector has got involved now that they know how to make a profit.
Boeing and Airbus? https://www.bbc.co.uk/news/business-38131611
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Originally posted by WTFH View Post
Is that why we still have Tory rule, that becomes more corrupt by the day?
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Average energy cost around £5000, you need to earn double that before-tax to pay for that.
UK's big mistake was to drop nuclear power.
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Originally posted by jamesbrown View Post
Sure it is, that literally happens all the time in the private sector. How long do you think it takes to design a new aeroplane or car or to bring commercial spaceflight to fruition?
Boeing and Airbus? https://www.bbc.co.uk/news/business-38131611
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Originally posted by WTFH View Post
And long term solutions that require outlay over years before seeing a return are not a credible solution to anything in the private sector.
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Originally posted by DealorNoDeal View Post
I don't suppose there are any countries, in this day and age, that could shut themselves off from the world, and only have a free market economy within their own borders, and be self-sufficient.
But that's more down to the fact they are so vast.
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Originally posted by jamesbrown View Post
But fracking is equally pointless (as a price control) for exactly the same reason. Unless we are going to nationalise these companies and consume all the gas ourselves, then they are selling into a global market. I don't care how much frackin' gas you can extract, it's a drop in the global ocean and therefore irrelevant as a price control. There is no short-term solution to this. The long-term solution is to diversify and reduce dependence on oil/gas produced by Russia, sure, but by OPEC too. Nationalising producers is not a credible solution, whether in the form of existing North Sea supplies or new fracked supplies.
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Originally posted by WTFH View Post
Oh, I realise exactly what I'm saying.
And it's less absurd than the suggestions of those who say "we should start fracking, we should drill for more oil & gas" - they say "we", but they mean get government investment up front, then sell off to the highest bidder as soon as possible.
China owns the debt for the nuclear power plants that the UK is getting French firms to build and the subsidies come from us.
https://www.gov.uk/government/news/h...llion-uk-homes
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is fracking too politically incorrect? or better to rely on Russia ?
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Originally posted by mattster View PostSo we got our revised (Shell) energy direct debit today: £365. That's over £4000 a year, with another 50% rise predicted for October to over £6000 - and worth noting that that prediction was pre-war. What it might end up now is, of course, anyone's guess. Quick straw poll of family and a few friends and we seem to be on the lower side - brother has £492 pm with cheapest fixed price deal of £982 p.m.(!) I know this is old news already, but nothing that the government has said or done reassures me that they have any grasp of just how big a shock these price rises are going to be for a lot of people. I'm annoyed by it but can pay it, many won't be so fortunate. What is going to happen at the start of next winter when the average energy cost is around £5000 a year?? It is completely nuts and uncharted territory.
Now have a year to work out how to save some energy - I wish I had taken notice of historic meter readings, since I can't seem to get them now PurePlanet are bust. I don't even know my split between electric/gas.
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