Next Conservative leader |
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roy munster
Veteran Joined: 30 August 2010 Status: Offline Points: 15682 |
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Energy and the utilities should all be government run imo
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ROYMOND MUNTER MBE (FOR SERVICES TO THE COMBOVER)
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salmidach
Veteran Joined: 15 August 2004 Location: I Love Llanelli Status: Offline Points: 12745 |
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and transport.. the core infrastructure of a country should ALWAYS be owned by the country.
we subsidise foreign national energy and travel firms.
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They say a little knowledge is a dangerous thing, but it's not one half so bad as a lot of ignorance - Terry Pratchett
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SA14
Moderator Group Wwwww mince Joined: 15 August 2004 Location: Pemberton Status: Offline Points: 23830 |
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That last paragraph is my point.
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SA14
Moderator Group Wwwww mince Joined: 15 August 2004 Location: Pemberton Status: Offline Points: 23830 |
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Expertly put.
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Legendinmybathroom
Veteran Joined: 29 May 2017 Location: Burry Port Status: Offline Points: 3151 |
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OFGEN may not be in the position to make the energy companies stop passing on the increases, but the whole idea of having a regulator is to regulate the amount customers have to pay. As regulators they could stipulate that the government should step in and cover the rises the energy companies are charging. They (the government) could then, If they have the gumption to do, go after the energy companies and try and recoup some of their profits via further windfall taxes. To say that the energy companies have their hands tied with regards to the cost of energy is just incorrect, these energy companies (despite paying more for their energy supplies) are still turning over multi billion pound profits every quarter at the expense of hard working, underpaid British citizens/home/business owners.
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Jones2004
Veteran Joined: 29 September 2019 Location: North Wales Status: Offline Points: 1439 |
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The regulator has no power to tell the government what to do. People also seem to mistake the point of OFGEM. Their job is to regulate the profits of energy RETAILERS, not producers. Considering most energy retailers have gone bust in the last year it’s wrong to argue that the retailers are making massive profits or that OFGEM aren’t regulating their profits (although OFGEM do deserve criticism for other reasons that I won’t go into here). The simple problem is that the cost of the energy that households use will have gone from ~£30bn in 2021 to ~£170bn in 2023. Nationalising energy retailers won’t make a blind bit of difference to that simple fact. So what can the government do? There’s two things they can do. They can do nothing and allow households to absorb the full £140bn price increase - in which case a lot of people will freeze to death. Or (as is more likely) the government can absorb the majority of the £140bn price increase. They’ll be able to make a bit of that money back through windfall taxes on BP and Shell but they’ll also have to either increase taxes on high earners or massively increase borrowing. And to be clear the French government also have to make these decision - just that freezing prices was quicker and easier for them because EDF are nationalised (although it will cost a bomb if they carry on with only increasing prices by 4% for the next three or four years). P.S I do support energy nationalisation I’m just pointing out it’s not a silver bullet and that it would only marginally reduce the cost to government of the current energy crisis. PPS. There’s another debate to be had about whether north sea oil and gas should ever have been allowed into private hands or should’ve been run by the government like Norway. That debate also carries on into the present day with the question of whether all these wind turbines and solar panels should be run by the government or by private companies. The problem is that changing what happens with these will make precious little difference to bills in the short term - although they should be run by the government for long term benefit IMO.
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GPR - Rochester
Veteran Joined: 01 December 2014 Location: Rhydcymerau Status: Offline Points: 18783 |
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A good summary Jones2004. Of course its the energy producers who should be nationalised & just like France the government will have to face the consequences. Just why precious utilities which are fundamental to our very existence have been allowed to be run for personal gain is completely beyond me.
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Legendinmybathroom
Veteran Joined: 29 May 2017 Location: Burry Port Status: Offline Points: 3151 |
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Because of the small state Tory party agenda- started under Thatcher and continued by Major etc. Its been the Tory party mantra since the 80s, let’s sell off all nationalised services for short term gain and let the public pay for it through yearly price hikes for generations to come.
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RR1972
Veteran Joined: 27 April 2009 Status: Offline Points: 18268 |
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Why
Veteran Joined: 22 August 2010 Status: Offline Points: 8738 |
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Let’s not forget Blair also did nothing to renationalise any services. So for 13 years it was not a labour policy. I don’t believe it was a labour policy until Corbyn became leader. |
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She asks why i still can't answer. I guess its in the blood.
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salmidach
Veteran Joined: 15 August 2004 Location: I Love Llanelli Status: Offline Points: 12745 |
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Clause IV has ALWAYS been a Labour policy. Labour under blair was tory lite. it wasn't Labour it was the "third way" a very centrist government with a mix of left and right policies. Starmer is a third way prodigy and if he wins we will se the return of the third way and that isn't a bad thing. Blair brought in a number of fantastic policies and legislation, but you live and die by the sword and he took us into Iraq.
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They say a little knowledge is a dangerous thing, but it's not one half so bad as a lot of ignorance - Terry Pratchett
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RR1972
Veteran Joined: 27 April 2009 Status: Offline Points: 18268 |
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dr_martinov
Veteran Joined: 06 August 2005 Location: Tycoch Status: Offline Points: 13286 |
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Pretty sure it's not. Starmer took it off the table, saying it was too expensive. Another interesting aspect of our two party politics: it doesn't swing back and forth to the extent you may expect from two parties with such contrasting views... both parties keep the things they secretly like.
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SA14
Moderator Group Wwwww mince Joined: 15 August 2004 Location: Pemberton Status: Offline Points: 23830 |
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Noticed a lot of Tweets by Labour on how they’d get rid of all these problems. Can’t help but think they’re a total waste of time seeing as there’s a Tory government.
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crj89
Veteran Joined: 04 May 2009 Status: Offline Points: 1040 |
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Whatever Labour do it seems they can’t win, on one hand there’s people out there who say they haven’t got a plan if they ever got into power, then if they do say something it’s regarded as pointless.
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salmidach
Veteran Joined: 15 August 2004 Location: I Love Llanelli Status: Offline Points: 12745 |
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Clause IV can't be taken off the table. Just not enacted upon. Unlike the UK government, Labour has a written constitution.
Edited by salmidach - 01 September 2022 at 8:46am |
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They say a little knowledge is a dangerous thing, but it's not one half so bad as a lot of ignorance - Terry Pratchett
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