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Well, yes, we do

Workers will suffer a real-terms fall of £2,000 in the value of their wages by the end of this year and energy prices could hit nearly £7,000 in 2023 without government intervention, PwC has warned.

The country as a whole is poorer. So, the people within the country are going to be poorer.

And?

13 thoughts on “Well, yes, we do”

  1. I could suggest they scrap the sanctions, restart every coal powered electricity generator they can, start fracking immediately, and hire the South Koreans to build more nukes but I’ve said it all before.

    However perhaps all the subsidies could be taken from the windmills and solar panels and diverted to Liz’s energy subsidies instead. And all the foreign aid could be used to bribe Uganda to take all those illegals. None at all to anyone with a space program of course.

    One could even propose that the British and French play shuttlecock with the illegals in the Channel. Just tow them back to Frogland again.

  2. It’d be a start.

    But House Truss will be too busy purging the enemy bannermen, finding a new Hand to appoint and standing in the top floor window of no 10 sipping wine from a golden goblet to do anything useful right now…

  3. Setting Drogon on the Iron Fleet worked pretty well so why not repeat the dose with the current case of ongoing maritime invasion.

    Matt Smith could be seconded “Mordaunt- style” for honorary piloting duties. He seems a bit bored right now and has his own dragon.

  4. ‘… without government intervention, PwC has warned.‘

    Wasn’t it Government intervention that caused the problem in the first place – and isn’t it always the cause?

  5. Boganboy

    ‘… restart every coal powered electricity generator they can…’

    Problem with that. They have all been demolished except one reprieved last Winter in order to keep the lights on because there was an insufficiency of free wind.

  6. MacPhail TheEngineer

    Don’t understand the problem.

    The government’s got plenty of money hasn’t it? Or they can get it from those rich bastards over there.

  7. “However perhaps all the subsidies could be taken from the windmills and solar panels and diverted to Liz’s energy subsidies instead.”

    The trouble is the bright sparks who wrote the contracts with the renewable generators (you know the all knowing civil servants who the likes of Spud want to be running everything) allowed them to swap between market prices for their output, or the contracted rate plus subsidies, not only once but back and forth as they chose. So they are all now not getting subsidies and just selling their output at the current high market price. But should that drop for any reason (you know a Depression caused by excessive energy costs) then they can swap back to the subsidy regime no problem. What great forward thinking!

  8. “Annul all existing feed-in tariff agreements and make then illegal.”

    The courts might have something to say about that, surely? If the State has signed a contract it can’t just unilaterally annul it. Of course it might make sense to get some legal eagles to go over all renewables contracts with a fine tooth comb to make sure the operators have kept every single one of their obligations – if you could find some technical breach then you could pull out, or threaten to do so unless they signed a new contract.

    My idea was to tax income from electrical generation at eyewatering rates, but but then of course you just run into laffer effects – why invest to generate more electric if you’re going to lose 90% of the profit? Not a very good idea to discourage supply when you actually need more of something. And I doubt you could tax just renewable generators alone, that would probably fall foul of the courts too. Even then it wouldn’t be a good idea, why would you bother fixing a broken wind turbine if you get a fraction of the profit from it?

    As ever the Man in Whitehall has f*cked us over royally.

  9. @Jim
    If the State has signed a contract it can’t just unilaterally annul it.

    I doubt the State has signed the contracts, I’d assume that the feed-in contracts are with renewable generators or retail suppliers. But, in either case I’d be surprised if there isn’t a weasel-out clause in the contracts and, if not, it’s very careless of the contract writers.

  10. “I doubt the State has signed the contracts, I’d assume that the feed-in contracts are with renewable generators or retail suppliers. ”

    Well in that case you’d have to repeal the Climate Change Act, with set all this stuff up. And given that the Great God Gaia and her representative on Earth, the mongoloid gnome are all politicians believe in nowadays, there’s bugger all chance of that.

  11. “Workers will suffer … without government intervention, PwC has warned.”

    And what will happen with government intervention?

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