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clock Created with Sketch. 17/05/24
18:21
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Originally posted by backinblack:
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I'm currently at the end of a 2 month once in a lifetime road trip trough Ireland, Wales and Scotland. It's cold and literally every B&B has a gas boiler pumping wam water through radiators for heating. The sun rarely shines even in spring and although there are many impressively large wind mills spread across the countryside, more often than not they are not moving due to still conditions. Labours policy is folly for all the reasons outlined in posts today and previously. No doubt in my opinion Labours policy get adjusted once in power. Even the Tories windfall tax and reinvestment allowance distorts the market by encouraging more investment and production than necessary. Show me a windfall tax on a cyclical commodity industry or any industry for that matter that's worked as intended. Greed finds a way to balance supply and demand very quickly not regulation. I say let the fee market sort it out with some sensible regulation working in the background, such as in the UK's case by prioritising domestic gas development over oil as part of a practical transition plan.
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The only issue i would have with the 1 to 2 years apart from the years i have lost already is that the North Sea would be dead by then as most will have packed up and run!
(20min delay)