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Price caps or more tax?


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Kije.... if the nuclear industry is going Chinese.... will you have to learn the lingo??

 

A German friend of mine who we met on honeymoon over 20 years ago now is learning to speak some Chinese dialect because the company he works for sees China as the place to be for work in the future... he does already speak about 6 languages (including two Indian dialects) and spends a lot of time working in Mumbai...

 

Maybe you could corner the market and export yourself to China!!

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Noticed that one Asp; but they did say that they would have the Minister on later in the series. Bit dubious about this "price freeze", the energy companies now have 20months to artificially up their prices before an election, in order to get them over Milliband's two year price freeze. He's also going to separate delivery and supply within the industry; but that just adds to the current smoke and mirrors cartel. Much better, and more honest, to re-nationalise the lot imo. It's then a question of who pays the taxes. btw agree with you about Milliband's "green energy tax"; yet another Labour initiative, without thinking through to the consequences.

 

Spot on observation.  Looks like three of the big six expect a change of Government and have started the ramp already !!

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 btw agree with you about Milliband's "green energy tax"; yet another Labour initiative, without thinking through to the consequences.

According to Nick Clegg and Vince Cable any decision to axe environmental levies on people’s household bills would end up increasing bills. :unsure:  :unsure:

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well with maths like that; it's no wonder we ended up in such a mess.... and who cares what a couple of lib-dums say now? they will be a party of ex-MP's after the next general election with a following on a par with the average Warrington Town home game :lol:  :lol: :lol:  

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Well, we've had a smoke and mirrors deal with the privatisation of the energy companies; and now we seem to have another with the French and Chinese with the new nuclear station.  A guaranteed return on their investment apparently, regardless of market rates; with any loss in profit below £92 per megawatt being made good by Joe Public (either as customers or taxpayers).  Clever folk these Chinese !

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However the difference is that nuclear power is dependable 24 hours a day 7 days a week unlike wind (£100/MW onshore and £150/MW) when the wind is blowing at the right speed. The fault lies with our governments listening to the green lies for the last 20 years and not upgrading our power generation when it would have been cheaper.

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Asp: I'm alluding to the financial deal with the Chinese, not the energy source. Whilst I remain a critic of the Nuclear option; I would have been prepared to tolerate a British owned and controlled station, despite the ultimate commissioning/de-commissioning costs and the question of disposing of the waste. This particular deal, doesn't even get us over the hump, as it's going to take 10 years to build (assuming Brussels gives the OK!), so there still remains the question of "blackouts" in the near future.

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