In the 1970's...

Discussion in 'Bulletin Board ARCHIVE' started by Redstar, Sep 25, 2013.

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  1. Redstar

    Redstar Well-Known Member

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    We are told that the unions held teh country to ransom and that this was "A BAD THING".

    Today, energy companies PROVE that the hold the country to ransom and this is hailed as free enterprise.

    So called Red- Ed has dared to challenge this. He's upset the Daily Mial so it is a start.
     
    Redstar, Sep 25, 2013
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  2. Jimmy viz

    Jimmy viz Well-Known Member

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    About time the mania of privately run public utilities was seriously challenged. Let's hope he doesn't blink in face of the predictable right wing assault from vested interests.
     
    Jimmy viz, Sep 25, 2013
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  3. Micky Finn

    Micky Finn Well-Known Member

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    Have the energy companies actually outlined how, exactly, a freeze on prices would lead to these supposed blackouts? Obviously if they were making megashitloads of profit every year, they could soak up any increases from their suppliers, but that's clearly not an option, so.....
     
    Micky Finn, Sep 25, 2013
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  4. Jimmy viz

    Jimmy viz Well-Known Member

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    Jimmy viz, Sep 25, 2013
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  5. Redstar

    Redstar Well-Known Member

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    Why would they act in the national interest? A lot a foreign owned and selling them off to make Britain Great again has led to the British Public being raped for something they used to own.
     
    Redstar, Sep 25, 2013
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  6. Jimmy viz

    Jimmy viz Well-Known Member

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    Absolutely right. Part of the mirage of the Thatcherite dream. Sell utilities that won't end up with foriegn owned monopolies charging you a fortune. Flog off council houses that won't cause homelessness and a massive bill for Housing Benefit. Flog the railways that won't end up costing more and providing a worse service. Concentrate on the service sector free bankers up to do whatever they like that won't end badly...
     
    Jimmy viz, Sep 25, 2013
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  7. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    This is one of those problems where to solve it, you dont want to start from where you are now.
    I am generally politically right of centre and against state ownership of companies that should be privately owned but there are certain services which shouldnt be left to the market and they include Electricity Water and gas supply to industry and the public.

    They should never been privatised, and if they were they should never have been allowed to fall into foreign ownership.

    Trouble is now they are private so how do we get out of the mess we are in - there is a real risk the lights will go out anyway.

    If you are a private - profit orientated company the sensible investments for additional capacity are in fossil fuels as they are established technology low risk and efficient. Problem is they are also carbon generating
    No private company is going to spend on "green" power because its much more expensive and unreliable equally no private company will spend on Nuclear for obvious reasons.

    Where we are now - government is going to have to dictate the investment - which means undoubtedly the taxpayer will have to pay for most of it. The profits meanwhile go to private shareholders .. hmm

    The problem is that if you pass laws dictating prices that cant work - its absolutely guaranteed that the companies will do everything they can to maintain profits and that means the first thing they will cut is any investment and wait for the crisis and the government to intervene.

    I think Ed is right to challenge the printing money philosophy of the utilities
    I dont think his appoach will succeed - but I dont have a better idea - other than renationalisation - and there isnt the money to do that. We are royally shafted on this one
     
    Farnham_Red, Sep 25, 2013
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  8. wil

    wilkojohnson Active Member

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    If nationalisation was good enough for the bankers then it certainly is good enough for the utilities.............

    Aren't the banks being sold off again - there's the cash for renationalisation

    It's about time we had a sensible energy policy anyway, not one dictated by 'market forces'
     
    wilkojohnson, Sep 25, 2013
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  9. I'm Spartacus

    I'm Spartacus Well-Known Member

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    Redstar, could you please revert to discussing football? Disconcerting being in total agreement with comments of yours.
     
    I'm Spartacus, Sep 25, 2013
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  10. t'owd man

    t'owd man Well-Known Member

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    That stupid feckwit Danny Alexandre says, " we liberals are commited to giving tax cuts so people have more money in their pockets to help with energy bills". Right you four eyed ginger lovely person, you want to take less tax off people that would be used to pay for the NHS, pensions, schools, police, firefighters etc, in order for those people to give that money to the energy companies to make even more profit. TO55ER.
     
    t'owd man, Sep 25, 2013
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  11. mrx

    mrx Banned Idiot

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    Average profit on a household bill is @ 3-5 % ie £65
    A new power station or windfarm = £1 bn
    That is what happens to the profits
    We have the cheapest utility prices in europe whether you like it or not

    If the prices were held they would not invest in new plant and at the same time if world gas prices rose the utilities would turn off their gas plants to minimise losses

    That is why blackouts are more likely to happen if this policy went ahead

    I find it fascinating that people complain about a utility company making 3-5% whilst they are quite happy to spend £ 100 plus every week at tesco who make around 7% profit on every customer

    The political parties pick on this subject as an easy vote winner whilst at the sametime they are screwing up our countries energy supply which will ironicaly increase prices even further

    Not the answer people want but it is the truth

    £120 b is required to be spent on the industry over the next ten years to keep the lights on !
     
    Last edited: Sep 25, 2013
    mrx, Sep 25, 2013
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  12. tyr

    tyrone1 Banned Idiot

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    I don't the margin is as high as you suggest
     
    tyrone1, Sep 25, 2013
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  13. Con

    Conan Troutman Well-Known Member

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    So they were happy to cream the profits from infrastructure they never created but they want to pass the cost of any future investment onto the customers? Sounds about right.
     
    Conan Troutman, Sep 25, 2013
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  14. I'm Spartacus

    I'm Spartacus Well-Known Member

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    So the massive, massive profits are not going to shareholders?

    If you see Sad, tell him.
     
    I'm Spartacus, Sep 25, 2013
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  15. EastStander

    EastStander Active Member

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    Very interesting post Dave.
     
    EastStander, Sep 25, 2013
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  16. mrx

    mrx Banned Idiot

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    Where do you suggest the 120 b comes from ? Is hs2 a better bet to keep the lights on
     
    mrx, Sep 25, 2013
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  17. Sup

    SuperTyke Well-Known Member

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    Proof?
     
    SuperTyke, Sep 25, 2013
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  18. tyr

    tyrone1 Banned Idiot

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    In supply most profit is generated from the sme and I and c customers
     
    tyrone1, Sep 25, 2013
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  19. tyr

    tyrone1 Banned Idiot

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    It's a widely accepted fact
     
    tyrone1, Sep 25, 2013
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  20. Sup

    SuperTyke Well-Known Member

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    Is it? Because on the website's i've just looked at we aren't the cheapest at all.
     
    SuperTyke, Sep 25, 2013
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