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Energy crises

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Printed Date: 02 June 2023 at 3:33am
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Topic: Energy crises
Posted By: lofty evans
Subject: Energy crises
Date Posted: 03 February 2023 at 9:28pm
There is no energy's crisis...we are as normal being ripped off....and the British public take it up the bum.
I dont particularly like the French...but at least they protest and take action.
The only time the British public face up is facing wars ffs....you cant make it up.



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In 1972, Roy Bergiers scored that try and said "that was for you lofty"

"All you have to decide is what to do with the time that is given to us"



Replies:
Posted By: Oracle
Date Posted: 03 February 2023 at 10:10pm
Britain is make believe , the United Kingdom is a lie ...the Scots are leaving , the Irish have been forgotten and slowly the Welsh are waking up from their 800 year slumber ...the south west of England want independence, the mid lands don't associate themselves as English , neither do Yorkshiremen ...London is an entity by itself ..so where is this made up land of united Kingdom .....
Regarding a war ...
It's just a matter of control , but times are changing and a lie cannot last forever ...if there was a war now , the only concensus in the country would be the right wing press telling people what they should think , because their multi billionaire backers want individuals to believes the lies as it financially suits them ...fuel crisis as you say doesn't exist , the effects of the war in eukraine are being magnified way beyond their true impact ...
If you remember the film 1984 ....people went to war against Oceania as heros , yet the same people came back as oceana prisoners caught in some made up super battle win ....in the end there was no war , but a select group of people created the scenario because it suited their argument, not just for financial gain , but more importantly control ..true control of everything....they get this by continuously lying and twisting the truth

Does it sound familiar 


Posted By: Guests
Date Posted: 03 February 2023 at 10:39pm
I remember in the aftermath of 9/11 making the argument that the invasion of Iraq was about access to oil. I'll never forgive Blair for siding with the neo-cons. I kept saying then, invest in renewables, get away from fossil fuels because the people who profit are despots, authoritarian regimes and dodgy ex-KGB wannabees like this new Putin bloke. From a geopolitical and security point of view, wasn't it all pretty transparent how dependence on fossil fuels was massively compromising? From an environmental point of view it's been known for fifty years that it's disastrous. We're so far behind where we could be, the world is warming and untold misery been inflicted through conflict. But there we are. I'm sure it's all some woke conspiracy to turn people into filthy vegan cyclists.


Posted By: roy munster
Date Posted: 03 February 2023 at 11:10pm
Exactly. We don't even get our energy from Russia so why the price hikes 


Posted By: Guests
Date Posted: 03 February 2023 at 11:17pm
Because the main suppliers now have little in the way of competition now so many smaller companies have folded. As a result, despite wholesale prices coming down, they've kept their prices up. Try getting a better deal right now. None of them are budging so their customers are stuck. 


Posted By: Oracle
Date Posted: 03 February 2023 at 11:34pm
And the ombudsman is a joke too


Posted By: aber-fan
Date Posted: 04 February 2023 at 9:38am
A lot of good points here.

I read recently that the electricity prices charged by generating companies is ALL charged at the highest price - currently that for electricity produced using gas - even though only 40% of the UK supply is made this way. So if you are producing electricity some other way, you are coining it in like there's no tomorrow! This is absurd and unfair.

We are also paying the price for some historical decisions - Cameron got rid of the 'green crap' and so is costing each household at least £150pa on average. Great forward thinking, that!
https://www.theguardian.com/money/2022/mar/19/david-cameron-green-crap-energy-prices" rel="nofollow - https://www.theguardian.com/money/2022/mar/19/david-cameron-green-crap-energy-prices


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“You cannot reason a man out of what he never reasoned himself into.” (Jonathan Swift)


Posted By: dr_martinov
Date Posted: 04 February 2023 at 10:31am
I was going to post this on the "we hate the Conservatives" thread. So yeah, my energy bill Oct-Jan is double last years. OK, price of energy has somehow gone up I suppose with world events and so on, I can understand that, but why does this then translate to the big energy/oil companies having twice the profits? It's the same thing they're selling but now their profit margin has doubled just because it's more expensive? Why?

It's hard not to view it as a small number of companies controlling an essential commodity so charge whatever they like. Occasionally they go a bit too far even for their own greedy standards and a Government fines them. They shrug off fines of 8 billion and then carry on as normal.

And then that story about British Gas forcing vulnerable "customers" to have pre-paid meters... terrible stuff.


Posted By: RR1972
Date Posted: 04 February 2023 at 10:43am
Vote green like me Wink


Posted By: RR1972
Date Posted: 04 February 2023 at 10:43am
Originally posted by dr_martinov dr_martinov wrote:

I was going to post this on the "we hate the Conservatives" thread. So yeah, my energy bill Oct-Jan is double last years. OK, price of energy has somehow gone up I suppose with world events and so on, I can understand that, but why does this then translate to the big energy/oil companies having twice the profits? It's the same thing they're selling but now their profit margin has doubled just because it's more expensive? Why?

It's hard not to view it as a small number of companies controlling an essential commodity so charge whatever they like. Occasionally they go a bit too far even for their own greedy standards and a Government fines them. They shrug off fines of 8 billion and then carry on as normal.

And then that story about British Gas forcing vulnerable "customers" to have pre-paid meters... terrible stuff.
breaking into peoples houses and fitting then ffs shocking


Posted By: Legendinmybathroom
Date Posted: 04 February 2023 at 12:19pm
A lot of good comments on here as usual.  There certainly isn’t a fuel crisis for SHELL, Just posted record profits again, last year they paid out more in share dividends than they did in tax and investment in renewable energy (remember that, the loophole the Tory government offers the energy companies as a way of offsetting their sickening profits).
The other energy/oil companies will be filling their own quarterly reports in the coming weeks, so expect yet more sickeningly high levels of profits.
To think that if the government (I can’t remember which oneWink) hadn’t privatised our state owned gas producer/supplier for a quick buck, most people would have been a lot better off, and the government of today would, even if they hiked up prices at a much smaller rate (blaming everyone else for them doing so), they would be taking in more money from VAT etc, than they do through windfall taxes (a win win situation).
But this government is all about a small state (or non-existent state) economy, at the expense of ordinary working class people, and to the benefit of the rich and well to do.


Posted By: Guests
Date Posted: 04 February 2023 at 2:34pm
Originally posted by RR1972 RR1972 wrote:

Vote green like me Wink

Watch it RR - they support an independent Wales Wink


Posted By: Guests
Date Posted: 04 February 2023 at 2:35pm
Originally posted by RR1972 RR1972 wrote:

Originally posted by dr_martinov dr_martinov wrote:

I was going to post this on the "we hate the Conservatives" thread. So yeah, my energy bill Oct-Jan is double last years. OK, price of energy has somehow gone up I suppose with world events and so on, I can understand that, but why does this then translate to the big energy/oil companies having twice the profits? It's the same thing they're selling but now their profit margin has doubled just because it's more expensive? Why?

It's hard not to view it as a small number of companies controlling an essential commodity so charge whatever they like. Occasionally they go a bit too far even for their own greedy standards and a Government fines them. They shrug off fines of 8 billion and then carry on as normal.

And then that story about British Gas forcing vulnerable "customers" to have pre-paid meters... terrible stuff.
breaking into peoples houses and fitting then ffs shocking

Yup, it's disgusting. I'm having issues with my supplier trying to force me onto smart meters at the moment. 


Posted By: Sir Duckling Tuft
Date Posted: 04 February 2023 at 3:35pm
Originally posted by Legendinmybathroom Legendinmybathroom wrote:

A lot of good comments on here as usual.  There certainly isn’t a fuel crisis for SHELL, Just posted record profits again, last year they paid out more in share dividends than they did in tax and investment in renewable energy (remember that, the loophole the Tory government offers the energy companies as a way of offsetting their sickening profits).
The other energy/oil companies will be filling their own quarterly reports in the coming weeks, so expect yet more sickeningly high levels of profits.
To think that if the government (I can’t remember which oneWink) hadn’t privatised our state owned gas producer/supplier for a quick buck, most people would have been a lot better off, and the government of today would, even if they hiked up prices at a much smaller rate (blaming everyone else for them doing so), they would be taking in more money from VAT etc, than they do through windfall taxes (a win win situation).
But this government is all about a small state (or non-existent state) economy, at the expense of ordinary working class people, and to the benefit of the rich and well to do.

piers morgan just grilled the PM about what football team he supports....Not 1 question about shell, energy, taxes or non doms


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sir duckling tuft


Posted By: Oracle
Date Posted: 04 February 2023 at 4:42pm
Try octopus ..very good company 


Posted By: dr_martinov
Date Posted: 07 February 2023 at 7:44am
BP reporting record profits, double the year before...


Posted By: roy munster
Date Posted: 07 February 2023 at 8:09am

Taxes on their profits are higher - they pay 30% corporation tax on their profits and a supplementary 10% rate on top of that. Other firms currently pay corporation tax at 19%.

But oil and gas firms have been able to reduce the amount of tax they pay by factoring in losses or spending on things like decommissioning North Sea oil platforms.

In recent years, such methods have meant that BP and Shell, for example, have paid almost no tax in the UK.

https://www.bp.com/en/global/corporate/sustainability/our-approach-to-sustainability/tax-transparency.html" rel="nofollow - BP  and  https://www.shell.com/sustainability/transparency-and-sustainability-reporting/payments-to-governments.html" rel="nofollow - Shell  both received more money back from the UK government than they paid every year from 2015 to 2020 (except 2017, when Shell paid more than it received).

Shell also  https://www.shell.com/sustainability/transparency-and-sustainability-reporting/payments-to-governments/_jcr_content/par/textimage.stream/1648821895529/be3f2bc19cb9cdcdeaec6c11d996ed78ab398682/report-on-payments-to-government-2021.pdf#page=9" rel="nofollow - paid a negative amount of tax in 2021 , taking its total since 2015 to -£685m of tax in the UK.

BP  https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/sustainability/group-reports/bp-report-on-payments-to-governments-2021.pdf" rel="nofollow - paid more money in tax than it received back in 2021 , taking its total since 2015 to -£107m.



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ROYMOND MUNTER MBE (FOR SERVICES TO THE COMBOVER)


Posted By: dr_martinov
Date Posted: 07 February 2023 at 8:50am
Originally posted by roy munster roy munster wrote:

Taxes on their profits are higher - they pay 30% corporation tax on their profits and a supplementary 10% rate on top of that. Other firms currently pay corporation tax at 19%.

But oil and gas firms have been able to reduce the amount of tax they pay by factoring in losses or spending on things like decommissioning North Sea oil platforms.

In recent years, such methods have meant that BP and Shell, for example, have paid almost no tax in the UK.

https://www.bp.com/en/global/corporate/sustainability/our-approach-to-sustainability/tax-transparency.html" rel="nofollow - BP  and  https://www.shell.com/sustainability/transparency-and-sustainability-reporting/payments-to-governments.html" rel="nofollow - Shell  both received more money back from the UK government than they paid every year from 2015 to 2020 (except 2017, when Shell paid more than it received).

Shell also  https://www.shell.com/sustainability/transparency-and-sustainability-reporting/payments-to-governments/_jcr_content/par/textimage.stream/1648821895529/be3f2bc19cb9cdcdeaec6c11d996ed78ab398682/report-on-payments-to-government-2021.pdf#page=9" rel="nofollow - paid a negative amount of tax in 2021 , taking its total since 2015 to -£685m of tax in the UK.

BP  https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/sustainability/group-reports/bp-report-on-payments-to-governments-2021.pdf" rel="nofollow - paid more money in tax than it received back in 2021 , taking its total since 2015 to -£107m.


What?! How is that even possible? You'd have to some corrupt, ethics-devoid Government who's sole aim is to make their rich contacts even richer in place for this to happen surely?


Posted By: Fscarlet
Date Posted: 07 February 2023 at 9:03am
I mean I haven't read the ins & outs of it but reducing the amount of tax you pay by factoring in losses on investments is normal practice in accountancy. 


Posted By: GPR - Rochester
Date Posted: 07 February 2023 at 9:04am
Originally posted by dr_martinov dr_martinov wrote:

Originally posted by roy munster roy munster wrote:

Taxes on their profits are higher - they pay 30% corporation tax on their profits and a supplementary 10% rate on top of that. Other firms currently pay corporation tax at 19%.

But oil and gas firms have been able to reduce the amount of tax they pay by factoring in losses or spending on things like decommissioning North Sea oil platforms.

In recent years, such methods have meant that BP and Shell, for example, have paid almost no tax in the UK.

https://www.bp.com/en/global/corporate/sustainability/our-approach-to-sustainability/tax-transparency.html" rel="nofollow - BP  and  https://www.shell.com/sustainability/transparency-and-sustainability-reporting/payments-to-governments.html" rel="nofollow - Shell  both received more money back from the UK government than they paid every year from 2015 to 2020 (except 2017, when Shell paid more than it received).

Shell also  https://www.shell.com/sustainability/transparency-and-sustainability-reporting/payments-to-governments/_jcr_content/par/textimage.stream/1648821895529/be3f2bc19cb9cdcdeaec6c11d996ed78ab398682/report-on-payments-to-government-2021.pdf#page=9" rel="nofollow - paid a negative amount of tax in 2021 , taking its total since 2015 to -£685m of tax in the UK.

BP  https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/sustainability/group-reports/bp-report-on-payments-to-governments-2021.pdf" rel="nofollow - paid more money in tax than it received back in 2021 , taking its total since 2015 to -£107m.


What?! How is that even possible? You'd have to some corrupt, ethics-devoid Government who's sole aim is to make their rich contacts even richer in place for this to happen surely?

Surely commissioning & de-commissioning costs are accounted for before they publish their net profits????


Posted By: dr_martinov
Date Posted: 07 February 2023 at 9:41am
TBH I shouldn't really be saying anything due to my ignorance of finance. They are companies that sell something which a) costs loads (and has spiked recently) and b) we all need.* So they make lots of money. That's all I know. 

* Edit: and c) contributes towards climate change and mass-extinction. Which they tried to cover-up. That doesn't change b), however. 


Posted By: GPR - Rochester
Date Posted: 07 February 2023 at 9:57am
It is pretty clear to most sane individuals that the vast upsurge in the cost of oil/gas/electricity does not mean a similar increase in the cost of production. The result in any scenario like this huge increases in the bottom line. Again any sane government would address these issues by capping both the ability of these companies to make such profits and use those profits to alleviate the burden on the population.

Talk of not penalising the oil producers because of some need to commit to investment in future green innovation is frankly a load of bollocks. All energy producers who want to be in business in 2050 onwards will be already investing big time in this development & would have done with profits at levels pre 2021.


Posted By: Oracle
Date Posted: 07 February 2023 at 10:14am
There's profit , which is planned as part of operating costs 
There's investment, this is planned along a 10 year timeline 
There's excess profit , not expected , does not affect the investment 

The Tory's won't tax point 3 because they say it will ruin investment, but future investment is based on a 10 year plan not excess profits , so effectively the excess profits are extra dividend payouts to share holders. ...I wonder if there are any shareholders of energy companies in the cabinet ....
I wonder AngryAngryAngry


Posted By: greypower1
Date Posted: 07 February 2023 at 10:45am
Well I'm sure a lot of us on here are beneficiaries of the oil and gas giants via our pension funds so be careful what you wish for.  By the way the majority of the pension payments go straight back into the economy and a percentage to the inland revenue Cry so dividends to shareholders are not all bad.

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Keep the faith


Posted By: dr_martinov
Date Posted: 07 February 2023 at 11:00am
Originally posted by greypower1 greypower1 wrote:

Well I'm sure a lot of us on here are beneficiaries of the oil and gas giants via our pension funds so be careful what you wish for.  By the way the majority of the pension payments go straight back into the economy and a percentage to the inland revenue Cry so dividends to shareholders are not all bad.

Yes, true... although the Government are happy to push the pension age up and my own situation experienced an over 30% cut in the pension I will receive, if I even live long enough to retire. But yes, I think fundamentally we're all stuck in the system we have. And, of course, we all use their product so are contributing to their profits. 


Posted By: Legendinmybathroom
Date Posted: 07 February 2023 at 11:57am
So BP have just announced £23billion profit for 2022whikst saying that they were now planning on scaling back on their plans to reduce emissions over the next decade.
This suggests that they will be reducing their investment in renewable resources and cleaning up crude oil, yet this Tory government will probably still let them offset tax against investment in cleaning up the environment.
Sunak and Hunt should come down on BP like a tonne of bricks, but hey, this is the Tory party- friends to the big corporations.


Posted By: Oracle
Date Posted: 07 February 2023 at 12:01pm
Originally posted by greypower1 greypower1 wrote:

Well I'm sure a lot of us on here are beneficiaries of the oil and gas giants via our pension funds so be careful what you wish for.  By the way the majority of the pension payments go straight back into the economy and a percentage to the inland revenue Cry so dividends to shareholders are not all bad.

Interesting comments and very worrying because this comment indicates that our entire infrastructure is built around this corrupt lattice....so we all complain about the corrupt system and the people who run /exploit it until one facet of our own lives are affected and then we need to back the system ....
If you look at the entire system should the logical outcome be to become an exploiter and get what you can from the system with no regard for anyone other than yourself....Maybe this reasoning was why truss left the lib dems as an anti monarchy individual and jumped on the far right bandwaggon ...it was nothing more than realising the system may be corrupt but great personal gain can be attained 


Posted By: ladram
Date Posted: 07 February 2023 at 1:14pm
Originally posted by dr_martinov dr_martinov wrote:

BP reporting record profits, double the year before...
Not surprised as most people's casts have doubled Angry


Posted By: scarletpimp
Date Posted: 07 February 2023 at 9:27pm
Originally posted by Legendinmybathroom Legendinmybathroom wrote:

So BP have just announced £23billion profit for 2022whikst saying that they were now planning on scaling back on their plans to reduce emissions over the next decade.
This suggests that they will be reducing their investment in renewable resources and cleaning up crude oil, yet this Tory government will probably still let them offset tax against investment in cleaning up the environment.
Sunak and Hunt should come down on BP like a tonne of bricks, but hey, this is the Tory party- friends to the big corporations.

Agree. It's unbelievable  and disgusting 


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I stood yer on tanner bank


Posted By: Sir Duckling Tuft
Date Posted: 08 February 2023 at 1:41am
Their greed is insatiable. Starmer must promise to fight this insane corporate takeover and back sme's who actually pay taxes, rates and license fees into the treasury....The corporations are destroying sciety and devouring this country of all its resources

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sir duckling tuft


Posted By: lofty evans
Date Posted: 08 February 2023 at 2:48pm
Originally posted by Sir Duckling Tuft Sir Duckling Tuft wrote:

Their greed is insatiable. Starmer must promise to fight this insane corporate takeover and back sme's who actually pay taxes, rates and license fees into the treasury....The corporations are destroying sciety and devouring this country of all its resources

Agreed 




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In 1972, Roy Bergiers scored that try and said "that was for you lofty"

"All you have to decide is what to do with the time that is given to us"


Posted By: dr_martinov
Date Posted: 08 February 2023 at 3:48pm
Originally posted by Sir Duckling Tuft Sir Duckling Tuft wrote:

Their greed is insatiable. Starmer must promise to fight this insane corporate takeover and back sme's who actually pay taxes, rates and license fees into the treasury....The corporations are destroying sciety and devouring this country of all its resources

I would say that's a lighbulb moment but that will just increase their profits further.


Posted By: Sir Duckling Tuft
Date Posted: 09 February 2023 at 9:09am
Labour are totally on the wrong end of the argument too which is exacerbating the situation further and the tories know this...Lost down endless rabbit holes, labour totally fail to represent the sme's the working majority....This is exactly where the war is and where they need to be fighting 

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sir duckling tuft


Posted By: lofty evans
Date Posted: 09 February 2023 at 1:10pm
My energy was supplied by SSE who then where taken over by OVO energy...who are dreadful....phoned them up when they took " control" of my gas and electric and they sent me an estimated bill for the last Qtr.
I told them I sent the correct gas meter reading to SSE and expect the bill for the quarter to be what I bloody used which was £600 less than the estimated bill. Talking to their incredibly talented customer service expert...( tbh I found SSE customer services excellent) I said can you tell me what my my bill really is as you have the correct meter reading....the lady on the phone said..why don't you work it out, get a calculator...I reminder her its her poxy job to tell me.....the World is slowly going pathetic.  




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In 1972, Roy Bergiers scored that try and said "that was for you lofty"

"All you have to decide is what to do with the time that is given to us"


Posted By: dr_martinov
Date Posted: 16 February 2023 at 7:03am
Record profits for Centrica (British Gas) due to be announced...

No crisis for them. 


Posted By: ladram
Date Posted: 16 February 2023 at 8:05am
Originally posted by dr_martinov dr_martinov wrote:

Record profits for Centrica (British Gas) due to be announced...

No crisis for them. 
£3.3 billionAngry


Posted By: Oracle
Date Posted: 16 February 2023 at 9:14am
A friend of mine is currently finishing an upgrade of his home prior to retirement...he was walking me around the work done so far ....Beside the upgrade to the structure , he has re insulated the building totally to at least 300% above recommendations...He has removed the gas supply and made everything electric ...All devices are brand new top level eviciency and everything is run from the 4 array solar panel he has in the garden and roof ...he has a total of 14.2 kw/HR supply at peak brightness and storage batteries and a convertor unit that sells excessback to the grid ....it's cost him a bit of investment but as he said ...energy prices in this country will never fall back to what they were b4 not because the wholesale price hasn't fallen , but because the private corporations who own  government  ministers don't want them too....


Posted By: Eastern outpost
Date Posted: 16 February 2023 at 9:46am
Originally posted by Oracle Oracle wrote:

A friend of mine is currently finishing an upgrade of his home prior to retirement...he was walking me around the work done so far ....Beside the upgrade to the structure , he has re insulated the building totally to at least 300% above recommendations...He has removed the gas supply and made everything electric ...All devices are brand new top level eviciency and everything is run from the 4 array solar panel he has in the garden and roof ...he has a total of 14.2 kw/HR supply at peak brightness and storage batteries and a convertor unit that sells excessback to the grid ....it's cost him a bit of investment but as he said ...energy prices in this country will never fall back to what they were b4 not because the wholesale price hasn't fallen , but because the private corporations who own  government  ministers don't want them too....
Sounds a great project and the way to go.

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In a world where you can be anything – Be Kind.


Posted By: greypower1
Date Posted: 16 February 2023 at 9:52am
Sounds to me he'll have to live to 100 to get back his investment.  When I looked at the feasibility of fitting solar panels on a new build ten years ago, it would have taken over 25 years to get back my capital outlay. As I would then be dead I decided against it.

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Keep the faith


Posted By: Eastern outpost
Date Posted: 16 February 2023 at 10:16am
Originally posted by greypower1 greypower1 wrote:

Sounds to me he'll have to live to 100 to get back his investment.  When I looked at the feasibility of fitting solar panels on a new build ten years ago, it would have taken over 25 years to get back my capital outlay. As I would then be dead I decided against it.
Technology has advanced plenty since then. 

Solar panels can be about twice as productive as they used to be. Also, previously, if a pigeon landed on one of your array of panels, it would reduce output on all of them. Now it reduces output on just the one concerned.

Battery storage has come on in leaps and bounds too.

The economics of the situation have changed markedly and with current prices, the payback period is vastly reduced. Some installations might only be a 4 year payback. Utility company prices might fall, however, they might not and being free of such a dependency is a great feeling.


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In a world where you can be anything – Be Kind.


Posted By: greypower1
Date Posted: 16 February 2023 at 10:50am
Thanks, if only crystal balls were more advanced back then I may have gone for the solar panels.Wink

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Keep the faith


Posted By: Oracle
Date Posted: 16 February 2023 at 10:54am
I don't think my mate was looking to make a profit as such , his attitude was ..I'm not giving those thieving bastards any of my hard earned money , which is ironic has he has just spent 14 months under his majesty's control for tax avoidance ....
Btw don't mention some ex Tory minister who had a bad memory to him 


Posted By: Sir Duckling Tuft
Date Posted: 16 February 2023 at 11:10am
does anyone really understand how this windfall tax works and for how long? Their profits are obscene

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sir duckling tuft


Posted By: Legendinmybathroom
Date Posted: 16 February 2023 at 12:29pm
This £3.3 billion profit during a period of time where people are having to decide where they eat of turn on their heating is just sickening.  These profits are on the back of not having to do anything other than cashing in on the war in Ukraine and subsequent gas oil and energy crisis.
The CEO is now in line to receive a £1.6 million pound bonus on top of his already substantial salary.
Centrica is in essence the previously government owned British Gas.  If it was still in the hands of the government then we would have had more control over the unit cost of gas and as a result millions of people wouldn’t be in the situation that they find themselves in.  Instead, we have private companies making sickening profits and paying out more in dividends to shareholders than they do in tax and investment in renewable energy sources etc.
They were saying on the news this morning that due to the stupid competition rules of business (agreed by the government), British Gas is not allowed to sell its gas off cheaper to their customers or other gas suppliers (as it breaks competition rules).  Just by changes the rules, gas prices (to the public) could reduce, easing the pressure ever so slightly.


Posted By: Oracle
Date Posted: 16 February 2023 at 12:54pm
https://twitter.com/davesumnersmith/status/1625041382514499584?t=cLui0KZdydK1ac1wdzzeXA&s=19%20" rel="nofollow - https://twitter.com/davesumnersmith/status/1625041382514499584?t=cLui0KZdydK1ac1wdzzeXA&s=19

This is what I don't understand , there is no reason for us not to be paying the same as the rest Europe 


Posted By: Guests
Date Posted: 16 February 2023 at 1:08pm
Originally posted by Legendinmybathroom Legendinmybathroom wrote:

This £3.3 billion profit during a period of time where people are having to decide where they eat of turn on their heating is just sickening.  These profits are on the back of not having to do anything other than cashing in on the war in Ukraine and subsequent gas oil and energy crisis.
The CEO is now in line to receive a £1.6 million pound bonus on top of his already substantial salary.
Centrica is in essence the previously government owned British Gas.  If it was still in the hands of the government then we would have had more control over the unit cost of gas and as a result millions of people wouldn’t be in the situation that they find themselves in.  Instead, we have private companies making sickening profits and paying out more in dividends to shareholders than they do in tax and investment in renewable energy sources etc.
They were saying on the news this morning that due to the stupid competition rules of business (agreed by the government), British Gas is not allowed to sell its gas off cheaper to their customers or other gas suppliers (as it breaks competition rules).  Just by changes the rules, gas prices (to the public) could reduce, easing the pressure ever so slightly.

100% a consequence of the way the UK's political & electoral systems work, giving a majoritarian government on the largest minority of votes, whereby that particular constituency is dominated by the wealthiest classes that live in the south eastern corner of Britain and so dominate the political agenda. This has been going on a very long time. It skews Welsh politics enormously. The vast majority of us look at the way things work and we think to ourselves "not the Tories". So we think "What's the alternative?" And the answer usually comes back "Labour". I don't believe that if Wales were a State in its' own right that Labour would have enjoyed a 100 year majority here. They're not particularly great. Would we have nationalised public services in an independent Wales? Seems like there's more appetite for it here than elsewhere. AFAIC the UK does not work. But I have been persuaded of the benefits of countries forming unions in light of the Brexit vote and the nature of the Welsh border so I am open to replacing the UK with a new British Union. Surely we cannot continue as we are?


Posted By: Guests
Date Posted: 16 February 2023 at 1:09pm
Originally posted by Oracle Oracle wrote:

https://twitter.com/davesumnersmith/status/1625041382514499584?t=cLui0KZdydK1ac1wdzzeXA&s=19%20" rel="nofollow - https://twitter.com/davesumnersmith/status/1625041382514499584?t=cLui0KZdydK1ac1wdzzeXA&s=19

This is what I don't understand , there is no reason for us not to be paying the same as the rest Europe 

Come on now Oracle you know the reason Wink 


Posted By: Oracle
Date Posted: 16 February 2023 at 2:30pm
I'm not saying the B word in February..Val had a dry January and my challenge is no ranting on line anywhere about the B word ......it's killing me Cry


Posted By: Guests
Date Posted: 16 February 2023 at 7:50pm
Originally posted by Oracle Oracle wrote:

I'm not saying the B word in February..Val had a dry January and my challenge is no ranting on line anywhere about the B word ......it's killing me Cry

LOL  I was thinking it's because we have an economy and politics riddled with vested interests bleeding us dry ... but I guess that has a neat symmetry with the B word in itself!


Posted By: Oracle
Date Posted: 16 February 2023 at 8:14pm
Your taunting is worse than dry January LOL


Posted By: GPR - Rochester
Date Posted: 17 February 2023 at 7:43am
Originally posted by Oracle Oracle wrote:

I'm not saying the B word in February..Val had a dry January and my challenge is no ranting on line anywhere about the B word ......it's killing me Cry

I feel your pain Oracle but admire your fortitude. March will be with us soon enough then you can fill your boots.LOL


Posted By: Oracle
Date Posted: 17 February 2023 at 8:49am
WinkLOL


Posted By: Eastern outpost
Date Posted: 17 February 2023 at 8:54am
Which B word are we talking about? Boris?

-------------
In a world where you can be anything – Be Kind.


Posted By: dr_martinov
Date Posted: 17 February 2023 at 9:32am
Weird how EDF run 5 UK nuclear power plants (and will own Hinkley point C) and they're 84% owned by the French Government, soon to be 100%. 

Let's hope we don't piss them off, eh?


Posted By: GPR - Rochester
Date Posted: 17 February 2023 at 9:51am
Originally posted by dr_martinov dr_martinov wrote:

Weird how EDF run 5 UK nuclear power plants (and will own Hinkley point C) and they're 84% owned by the French Government, soon to be 100%. 

Let's hope we don't piss them off, eh?

Yes another totally mindless decision. Why would anyone compromise National security in such a way? The French have some form on this of course threatening to cut Jersey's energy supply during the fishing quota debate. 


Posted By: Guests
Date Posted: 17 February 2023 at 10:33am
If it were up to me I'd have every building in Wales assessed for microgeneration and install whatever kind of renewable electricity generator is appropriate AND insulate as much as possible off the back of government grants as far as possible. On top of that I'd look at initially any lithium mining/processing we can do here in Wales but look to move beyond that by developing better battery tech - sodium ion and iron-air batteries might offer what we need in the future. Put a domestic scale battery in every home and scale up for businesses/industry. One thing we could also do here in Wales is managed forestry coupled with hydrogen generation from surplus supply to create synthetic hydrocarbons via the Fischer Tropsch process. Could run our public transport on it.

We could be entirely energy self sufficient in Wales with no reliance on fossil fuels or nuclear. What an advantage that would be! There's enough resource here to generate a surplus.

Right - independence and make me Tywysog Cymru! LOL


Posted By: Oracle
Date Posted: 17 February 2023 at 10:35am
I see this governments policy to sell off everything , so out of work ministers can have some meaningless made up position and earn a huge amount of cash on the side ....imagine someone who comes to your house and then starts to sell off or give away all your belongings 



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