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So, when will we nationalise wholesale energy acquisition? 01:47 - Aug 29 with 3679 viewsXYZ

It's the only solution - we don't generate enough so buy it all in and sell at affordable prices.

Life sentences for abuse of the system/ contracts for mates.

Free school breakfast and lunch for all kids.

40% tax > 45%

45% tax > 55%

CGT = Income Tax

Council Tax = % of value of house = Wealth Tax (which hits me!)

There's an elephant in the room.
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So, when will we nationalise wholesale energy acquisition? on 07:10 - Aug 29 with 2738 viewssolomon

The real elephant in the room is our dependance on fossil fuels and the underinvestment in renewables, probably due to the fact those who benefit from conventional fossil fuel production run our politicians. Is not until that link is broken anything will change.
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So, when will we nationalise wholesale energy acquisition? on 09:17 - Aug 29 with 2620 viewsSuperKieranMcKenna

Whilst I agree the sentiment, I would assume the prohibitive factor is cost. In addition to the cost of the commodities, you’d need to buy the infrastructure to import it, distribute it, store it, and ultimately the power stations to burn it. Then you’d need to acquire the £30bn in National Grid assets. I can’t find any estimates as to how much that would cost (it would have to be estimates as the ultimate cost wouldn’t be know until it had been decided in court). The national debt is already in a horrendous state thanks to 12 years of mis management and cronyism.

Cost, and the fact this idealogically driven government had to be absolutely shamed into giving us a measly 400 quid towards our 5k bills.
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So, when will we nationalise wholesale energy acquisition? on 09:26 - Aug 29 with 2603 viewsGuthrum

So, when will we nationalise wholesale energy acquisition? on 09:17 - Aug 29 by SuperKieranMcKenna

Whilst I agree the sentiment, I would assume the prohibitive factor is cost. In addition to the cost of the commodities, you’d need to buy the infrastructure to import it, distribute it, store it, and ultimately the power stations to burn it. Then you’d need to acquire the £30bn in National Grid assets. I can’t find any estimates as to how much that would cost (it would have to be estimates as the ultimate cost wouldn’t be know until it had been decided in court). The national debt is already in a horrendous state thanks to 12 years of mis management and cronyism.

Cost, and the fact this idealogically driven government had to be absolutely shamed into giving us a measly 400 quid towards our 5k bills.


The wierd thing being, if Brexit was all about taking back sovreignty and control, why has this government done nothing about that in the feld of energy supplies? Particularly as the UK is a net producer of gas, with loads of offshore wind.

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So, when will we nationalise wholesale energy acquisition? on 09:46 - Aug 29 with 2547 viewsMattinLondon

Aren’t a lot of pensions tied into the shares of energy companies etc? Will that be an added cost to nationalisation?
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So, when will we nationalise wholesale energy acquisition? on 09:52 - Aug 29 with 2537 viewsSuperKieranMcKenna

So, when will we nationalise wholesale energy acquisition? on 09:26 - Aug 29 by Guthrum

The wierd thing being, if Brexit was all about taking back sovreignty and control, why has this government done nothing about that in the feld of energy supplies? Particularly as the UK is a net producer of gas, with loads of offshore wind.


“By leaving the EU we can remove VAT from energy bills”

It’s almost as if they were lying…
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So, when will we nationalise wholesale energy acquisition? on 09:58 - Aug 29 with 2522 viewsSuperKieranMcKenna

So, when will we nationalise wholesale energy acquisition? on 09:46 - Aug 29 by MattinLondon

Aren’t a lot of pensions tied into the shares of energy companies etc? Will that be an added cost to nationalisation?


I read that Corbyn’s nationalisation manifesto could impact them to the tune of 9pc. But the like of BP and Shell are the other E&P firms are far more profitable, in XYZ’s suggestion they’d be unaffected as the State would be buying the commodities from them rather than the consumer.
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So, when will we nationalise wholesale energy acquisition? on 10:32 - Aug 29 with 2475 viewsPinewoodblue

Energy companies are currently making unreasonable profits boosted by exporting energy to the EU.

EU countries are building up gas reserves and a significant proportion of that is coming from the UK, we are also exporting electricity to France as their nuclear plants experience technical issues that means many of them are shut down.

This all massages our trade figures with the EU which makes Brexit appear to be a success.

We need to impose some control over energy pricing. All electricity is sold a price linked to electricity generated by fossil fuel. The result is the electricity generating industry is making excess profit on green energy.

By using handouts to help consumers, rather than regulating energy pricing, the government is actually allowing inflation to rise much higher than necessary. Check out the difference in inflation between UK and France.

We are of course rudderless, or at least until 5th September when a new PM is announced , but don’t expect it to get any better when Frau Truss takes control.

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So, when will we nationalise wholesale energy acquisition? on 10:50 - Aug 29 with 2453 viewsXYZ

So, when will we nationalise wholesale energy acquisition? on 09:17 - Aug 29 by SuperKieranMcKenna

Whilst I agree the sentiment, I would assume the prohibitive factor is cost. In addition to the cost of the commodities, you’d need to buy the infrastructure to import it, distribute it, store it, and ultimately the power stations to burn it. Then you’d need to acquire the £30bn in National Grid assets. I can’t find any estimates as to how much that would cost (it would have to be estimates as the ultimate cost wouldn’t be know until it had been decided in court). The national debt is already in a horrendous state thanks to 12 years of mis management and cronyism.

Cost, and the fact this idealogically driven government had to be absolutely shamed into giving us a measly 400 quid towards our 5k bills.


What's the cost of inaction?

Economic depression, mass unemployment, kids dying from malnutrition, ...

Take the hit centrally in a controlled manner. Allow people some dignity.
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So, when will we nationalise wholesale energy acquisition? on 10:51 - Aug 29 with 2441 viewsSuperKieranMcKenna

So, when will we nationalise wholesale energy acquisition? on 10:50 - Aug 29 by XYZ

What's the cost of inaction?

Economic depression, mass unemployment, kids dying from malnutrition, ...

Take the hit centrally in a controlled manner. Allow people some dignity.


“Economic depression, mass unemployment, kids dying from malnutrition, ...”

Not much evidence that this government cares about any of those things…
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So, when will we nationalise wholesale energy acquisition? on 11:40 - Aug 29 with 2323 viewsRyorry

So, when will we nationalise wholesale energy acquisition? on 10:32 - Aug 29 by Pinewoodblue

Energy companies are currently making unreasonable profits boosted by exporting energy to the EU.

EU countries are building up gas reserves and a significant proportion of that is coming from the UK, we are also exporting electricity to France as their nuclear plants experience technical issues that means many of them are shut down.

This all massages our trade figures with the EU which makes Brexit appear to be a success.

We need to impose some control over energy pricing. All electricity is sold a price linked to electricity generated by fossil fuel. The result is the electricity generating industry is making excess profit on green energy.

By using handouts to help consumers, rather than regulating energy pricing, the government is actually allowing inflation to rise much higher than necessary. Check out the difference in inflation between UK and France.

We are of course rudderless, or at least until 5th September when a new PM is announced , but don’t expect it to get any better when Frau Truss takes control.


Wow, was unaware of most of that - thanks for the info Pinewood (assuming it's all correct!).

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So, when will we nationalise wholesale energy acquisition? on 12:11 - Aug 29 with 2297 viewsNthQldITFC

I think I agree with all of that in principle, but I know I'm not smart enough to know whether it would work in practice. But then, what 'we' do now doesn't work in practice, does it?

I'm all for extremely severe sentences for corruption at government level, but life sentences might be going it a bit. Maybe in the order of five years, BUT with meaningful, i.e. high percentage of personal wealth-based fines.

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So, when will we nationalise wholesale energy acquisition? on 12:54 - Aug 29 with 2233 viewsElephantintheRoom

The time to do that was when North Sea Oil was coming on tap. Instead we went the other way and bought at market prices then sold off BP and British Gad. You could call your proposal The Norway Model

The price of your pint isn’t determined by the value of your house - nor should council tax. The idea that the number of people living in a property determines how much council tax is due on that property has some merit. Last time that was tried it didn’t prove too popular

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So, when will we nationalise wholesale energy acquisition? on 12:56 - Aug 29 with 2232 viewslowhouseblue

So, when will we nationalise wholesale energy acquisition? on 12:11 - Aug 29 by NthQldITFC

I think I agree with all of that in principle, but I know I'm not smart enough to know whether it would work in practice. But then, what 'we' do now doesn't work in practice, does it?

I'm all for extremely severe sentences for corruption at government level, but life sentences might be going it a bit. Maybe in the order of five years, BUT with meaningful, i.e. high percentage of personal wealth-based fines.


malfeasance in public offers carries a maximum life sentence. but it has to be proved to the satisfaction of a court rather than twitter.

And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show

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So, when will we nationalise wholesale energy acquisition? on 13:07 - Aug 29 with 2187 viewsRyorry

So, when will we nationalise wholesale energy acquisition? on 12:56 - Aug 29 by lowhouseblue

malfeasance in public offers carries a maximum life sentence. but it has to be proved to the satisfaction of a court rather than twitter.


I'd have thought there's plenty of evidence that would satisfy a court on that, it just needs a judicial system not under the thumb of the politicians who'd be prosecuted, to be running that system ...

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So, when will we nationalise wholesale energy acquisition? on 13:24 - Aug 29 with 2160 viewslowhouseblue

So, when will we nationalise wholesale energy acquisition? on 13:07 - Aug 29 by Ryorry

I'd have thought there's plenty of evidence that would satisfy a court on that, it just needs a judicial system not under the thumb of the politicians who'd be prosecuted, to be running that system ...


"just needs a judicial system not under the thumb of the politicians". really? seriously? this way madness lies. it's trumpian logic of the highest order.

And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show

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So, when will we nationalise wholesale energy acquisition? on 13:28 - Aug 29 with 2145 viewsRyorry

So, when will we nationalise wholesale energy acquisition? on 13:24 - Aug 29 by lowhouseblue

"just needs a judicial system not under the thumb of the politicians". really? seriously? this way madness lies. it's trumpian logic of the highest order.


Not sure if serious ...

See Partygate, Met Police., Johnson, Patel, https://www.gov.uk/government/publications/police-crime-sentencing-and-courts-bi

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So, when will we nationalise wholesale energy acquisition? on 13:43 - Aug 29 with 2095 viewslowhouseblue

So, when will we nationalise wholesale energy acquisition? on 13:28 - Aug 29 by Ryorry

Not sure if serious ...

See Partygate, Met Police., Johnson, Patel, https://www.gov.uk/government/publications/police-crime-sentencing-and-courts-bi


very serious. in democracies it's only ever the bad guys that attack the courts when they don't like what a court decides. (i say that in full knowledge that you're far from a bad guy and i make no suggestion otherwise). in the uk all the evidence is that the level of political corruption is low - the level of political incompetence, short-sightedness, and division festering is however high. we should all try to find institutions to rally around ... i give you the courts.

And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show

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So, when will we nationalise wholesale energy acquisition? on 14:30 - Aug 29 with 2045 viewsRyorry

So, when will we nationalise wholesale energy acquisition? on 13:43 - Aug 29 by lowhouseblue

very serious. in democracies it's only ever the bad guys that attack the courts when they don't like what a court decides. (i say that in full knowledge that you're far from a bad guy and i make no suggestion otherwise). in the uk all the evidence is that the level of political corruption is low - the level of political incompetence, short-sightedness, and division festering is however high. we should all try to find institutions to rally around ... i give you the courts.


Depends what you mean by "low" - I don't call it a *low* level of political corruption that's

- bunged £billions to cronies in procurement scandals

- failed to invest in renewables because cabinet members have vested interests in fossil fuel corporations

- engineered Brexit, screwing the country for private gain

- privatised water, British Gas, electricity suppliers, British Rail, Royal Mail etc for personal gain - and continues trying to do the same with the NHS

- attempting to reduce voting rights and place previously independent Electoral Commission under the supervision of a government minister, in a bid to extend their (Tories') grip on power.

etc.

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So, when will we nationalise wholesale energy acquisition? on 14:58 - Aug 29 with 1985 viewslowhouseblue

So, when will we nationalise wholesale energy acquisition? on 14:30 - Aug 29 by Ryorry

Depends what you mean by "low" - I don't call it a *low* level of political corruption that's

- bunged £billions to cronies in procurement scandals

- failed to invest in renewables because cabinet members have vested interests in fossil fuel corporations

- engineered Brexit, screwing the country for private gain

- privatised water, British Gas, electricity suppliers, British Rail, Royal Mail etc for personal gain - and continues trying to do the same with the NHS

- attempting to reduce voting rights and place previously independent Electoral Commission under the supervision of a government minister, in a bid to extend their (Tories') grip on power.

etc.


those are political criticisms of political decisions. there is no evidence of anything that gets close to a legal concept of corruption that a court would be able to hear. the law has to stand above politics - it quite properly shouldn't be involved in political tit for tat.

if trump gets convicted of something (and it's starting to look more possible) you need most americans to believe that the court wasn't involved in any political games. same applies here - the law can't be expected to rule on political name calling. if someone provides evidence of corruption in the legal sense there's nothing to suggest that the judicial process won't take effect.

And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show

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So, when will we nationalise wholesale energy acquisition? on 15:21 - Aug 29 with 1949 viewsRyorry

So, when will we nationalise wholesale energy acquisition? on 14:58 - Aug 29 by lowhouseblue

those are political criticisms of political decisions. there is no evidence of anything that gets close to a legal concept of corruption that a court would be able to hear. the law has to stand above politics - it quite properly shouldn't be involved in political tit for tat.

if trump gets convicted of something (and it's starting to look more possible) you need most americans to believe that the court wasn't involved in any political games. same applies here - the law can't be expected to rule on political name calling. if someone provides evidence of corruption in the legal sense there's nothing to suggest that the judicial process won't take effect.


There's plenty of evidence of clear corruption with this & previous tory administration (Cameron's) which stands up whatever political affiliation anybody has, but of course I'm not a lawyer.

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So, when will we nationalise wholesale energy acquisition? on 16:18 - Aug 29 with 1902 viewsfactual_blue

So, when will we nationalise wholesale energy acquisition? on 09:52 - Aug 29 by SuperKieranMcKenna

“By leaving the EU we can remove VAT from energy bills”

It’s almost as if they were lying…


It's almost as though brexit voters can't grasp the difference between 'can' and 'will'.

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So, when will we nationalise wholesale energy acquisition? on 18:26 - Aug 29 with 1784 viewsjaykay

So, when will we nationalise wholesale energy acquisition? on 15:21 - Aug 29 by Ryorry

There's plenty of evidence of clear corruption with this & previous tory administration (Cameron's) which stands up whatever political affiliation anybody has, but of course I'm not a lawyer.


all's good nothing to see here https://www.gq-magazine.co.uk/politics/article/ppe-scandal

forensic experts say footers and spruces fingerprints were not found at the scene after the weekends rows

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So, when will we nationalise wholesale energy acquisition? on 18:51 - Aug 29 with 1760 viewsBlueForYou

If you add ban unions & life sentences against strikes, lazyness, & anyone opposing the national interest, then yes with you all way. Some of us remember the last time we had nationalised industries. It started the journey to where we have ultimately ended up now. Mad isn't it? Difficult & very interesting times!
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So, when will we nationalise wholesale energy acquisition? on 19:54 - Aug 29 with 1723 viewsXYZ

So, when will we nationalise wholesale energy acquisition? on 15:21 - Aug 29 by Ryorry

There's plenty of evidence of clear corruption with this & previous tory administration (Cameron's) which stands up whatever political affiliation anybody has, but of course I'm not a lawyer.


Quite. There's nothing quite so Trumpian as claiming "it's my political opponents" when being held to account.

There was clear corruption with the UK government in 2020.
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So, when will we nationalise wholesale energy acquisition? on 20:01 - Aug 29 with 1706 viewsXYZ

https://www.theguardian.com/politics/2022/aug/29/leading-tories-call-on-new-pm-t

Schools, the NHS, etc etc

Meanwhile cos-Thatcher is avoiding scrutiny even from the tory the BBC put up to interview her.
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