truss

[River Don]

You cannot have economic growth without affordable energy. It moves in lockstep. As an economy grows it uses energy.

Economists get bound up in the movement of money. They should focus on energy. Money is largely just a token that represents energy.

[SydneyRover]

And the cheapest energy atm is solar, so try to why ban them on in areas where they can be deployed massively, unless of course it could be political.

[River Don]

And the cheapest energy atm is solar, so try to why ban them on in areas where they can be deployed massively, unless of course it could be political.

This is true. Perhaps why at the moment the member for the 19th centuary has had a massive conversion to it.

[BillyStubbsTears]

You cannot have economic growth without affordable energy. It moves in lockstep. As an economy grows it uses energy.

Economists get bound up in the movement of money. They should focus on energy. Money is largely just a token that represents energy.

We can have cheap energy. We just need to invest in the necessary infrastructure. Solar and wind are cheap as chips these days and will only get cheaper. Proper investment in that is precisely the way to spur growth. And it doesn't spook the markets because it is borrowing for capital investment, not for current spending (take note Tyke).


And further downstream, there's finally the real prospect of fusion power by the second half of the century.

[tyke1962]

You cannot have economic growth without affordable energy. It moves in lockstep. As an economy grows it uses energy.

Economists get bound up in the movement of money. They should focus on energy. Money is largely just a token that represents energy.

We can have cheap energy. We just need to invest in the necessary infrastructure. Solar and wind are cheap as chips these days and will only get cheaper. Proper investment in that is precisely the way to spur growth. And it doesn't spook the markets because it is borrowing for capital investment, not for current spending (take note Tyke).


And further downstream, there's finally the real prospect of fusion power by the second half of the century.

The Labour Party needs to solve this riddle if it wants to govern and leave its mark on the country with a sustained period in office .

A sustained period in office that dictates to the Tory opposition much in the same way Thatcherism had its grip on New Labour .

Back to the riddle .

The government created £450bn to fight covid 19 , that works out at £10k per person in the UK .

The vast majority of that money ended up with already massively wealthy people , they probably took all of it .

Where's the taxation for the government to recover it ?

[tyke1962]

 Unconfirmed so please don't shoot the messenger .

Just seen a report saying Truss has taken Home Secretary Braverman out of the Immigration policy decision making .

Make of that what you will if true .

[MachoMadness]

Taking Braverman out of any decision making whatsoever is only a positive thing. The woman is borderline psychotic.

[grayx]

Taking Braverman out of any decision making whatsoever is only a positive thing. The woman is borderline psychotic.

Probs being promoted.

[River Don]

You cannot have economic growth without affordable energy. It moves in lockstep. As an economy grows it uses energy.

Economists get bound up in the movement of money. They should focus on energy. Money is largely just a token that represents energy.

We can have cheap energy. We just need to invest in the necessary infrastructure. Solar and wind are cheap as chips these days and will only get cheaper. Proper investment in that is precisely the way to spur growth. And it doesn't spook the markets because it is borrowing for capital investment, not for current spending (take note Tyke).


And further downstream, there's finally the real prospect of fusion power by the second half of the century.

Fusion is the power society desperately, desperately needs. Sort that out and the future becomes like Star Trek. We just need those dilithium crystals. Where is Scotty when you need him?

[BillyStubbsTears]

You cannot have economic growth without affordable energy. It moves in lockstep. As an economy grows it uses energy.

Economists get bound up in the movement of money. They should focus on energy. Money is largely just a token that represents energy.

We can have cheap energy. We just need to invest in the necessary infrastructure. Solar and wind are cheap as chips these days and will only get cheaper. Proper investment in that is precisely the way to spur growth. And it doesn't spook the markets because it is borrowing for capital investment, not for current spending (take note Tyke).


And further downstream, there's finally the real prospect of fusion power by the second half of the century.

Fusion is the power society desperately, desperately needs. Sort that out and the future becomes like Star Trek. We just need those dilithium crystals. Where is Scotty when you need him?

https://www.bbc.co.uk/news/science-environment-60312633

[River Don]

You cannot have economic growth without affordable energy. It moves in lockstep. As an economy grows it uses energy.

Economists get bound up in the movement of money. They should focus on energy. Money is largely just a token that represents energy.

We can have cheap energy. We just need to invest in the necessary infrastructure. Solar and wind are cheap as chips these days and will only get cheaper. Proper investment in that is precisely the way to spur growth. And it doesn't spook the markets because it is borrowing for capital investment, not for current spending (take note Tyke).


And further downstream, there's finally the real prospect of fusion power by the second half of the century.

Fusion is the power society desperately, desperately needs. Sort that out and the future becomes like Star Trek. We just need those dilithium crystals. Where is Scotty when you need him?

https://www.bbc.co.uk/news/science-environment-60312633

Exciting potential but we need affordable energy right now.

[River Don]

Anyway BST I reckon we are united in recognising that really at heart this is a problem of science and engineering. If Truss wants her growth, growth, growth it isn't going to come by magic. It's not about Austrian text books, or cheap fixes. It means hard investment and innovation in real stuff with an eye to the future.

I hope the Labour Party grasps this.

[tommy toes]

Even Kwazi is saying she should go in The Times this morning.

[SydneyRover]

J Hunt presents as a traditional tory but suffered from attention deficit in portfolio, didn't do the basic stuff right in health, didn't declare interest in property and as a businessman has a litany of breaches that would finish most people off.

Even so, why would you attach oneself to a proven nutjob where you know it's going to end in tears.

[tyke1962]

Despite the U turns and the sacking of the chancellor , new chancellor Hunt still needs to find £40bn to balance the books and satisfy the financial markets .

There is absolutely no way Truss along with the man who trashed the NHS aren't going down the austerity pie route despite what Truss says which is proved to be a load of baloney anyway .

This is what I mean about no matter which move the Tories make they are fecked because with austerity pie back on the menu the red wall Tories will be sharpening their knives .

[tyke1962]

He was right the first time wasn't he

 

https://youtu.be/-JpNravrwZc

[wilts rover]

Despite the U turns and the sacking of the chancellor , new chancellor Hunt still needs to find £40bn to balance the books and satisfy the financial markets .

There is absolutely no way Truss along with the man who trashed the NHS aren't going down the austerity pie route despite what Truss says which is proved to be a load of baloney anyway .

This is what I mean about no matter which move the Tories make they are fecked because with austerity pie back on the menu the red wall Tories will be sharpening their knives .

Famous last words!!!

[drfchound]

Even Kwazi is saying she should go in The Times this morning.

TT, is there a typo in your post.
Did you mean The Thames ?

[wilts rover]

You cannot have economic growth without affordable energy. It moves in lockstep. As an economy grows it uses energy.

Economists get bound up in the movement of money. They should focus on energy. Money is largely just a token that represents energy.

We can have cheap energy. We just need to invest in the necessary infrastructure. Solar and wind are cheap as chips these days and will only get cheaper. Proper investment in that is precisely the way to spur growth. And it doesn't spook the markets because it is borrowing for capital investment, not for current spending (take note Tyke).


And further downstream, there's finally the real prospect of fusion power by the second half of the century.

The Labour Party needs to solve this riddle if it wants to govern and leave its mark on the country with a sustained period in office .

A sustained period in office that dictates to the Tory opposition much in the same way Thatcherism had its grip on New Labour .

Which is actually pretty much what Labour have been saying and advocating.

Starmer presented his Green Prosperity Plan to Conference the other week:

Insulate 19 million homes, increase/build a range of energy sources; onshore and offshore wind capacity, solar, wind tidal, hydrogen and nuclear power sources to have 100% clean power by 2030, with a state owned power supply company, private companies and investment and a national infrastructre bank.

https://twitter.com/Keir_Starmer/status/1575071424821313538

Whilst there is still a push among the membership and go further and get him to initiiate all the clauses of Corbyns' Green New Deal:

https://www.labourgnd.uk/

The problem isn't that Labour dont have ideas on how to grow the economy with cheaper, renewable power - it's getting them heard in the wider public among this current chaos.

[BillyStubbsTears]

It's truly staggering, what's happened in the past 24 hours. Absolutely unprecedented in our political history.

A PM in post for not yet 6 weeks has basically given up. You could see it in her face and hear it in her voice in the press conf yesterday.

Listening to Hunt on the radio this morning it's clear that he's now in charge. He's the de facto PM.

 He says he's been given a "clean slate" to re-work the Budget from scratch.

Just stop a moment and read that again.

A brand new PM who roamed the country over the summer telling golf club bores and swivel eyed right wing Tory loons that she was going to turbocharge the economy with far right policies has binned the lot. She's told someone who was trounced in the leadership campaign to sort it out however he likes.

Let's be right. Hunt has been at absolute best a middling minister. But the Tories are so crackpot these days, it's like a saviour taking over.

It feels like a grown up coming home after leaving the teenagers in charge over the summer, to find the telly out the window, the oven left on 24 hours a day, the curtains on fire and the fridge sold off to pay for weed. It's almost a relief when a grown up comes back and starts clearing the shite up.

What an utter, utter f**king disaster.

[BillyStubbsTears]

It's got echoes of Suez, where Anthony Eden cracked under the strain and was pouring speed down his neck to keep going. Then Macmillan stepped in and took over as de facto PM while they shoved Eden off to the Caribbean for 6 weeks to recover.

My bet is, if she has any sense of self awareness and the enormity of the f**k up she's caused, Truss will be curled up crying in a corner and won't be seen for days while Hunt gets on with the job.

[BillyStubbsTears]

If there's one possible silver lining here, it's that we might, collectively as a nation, stop listening to far right gobshites like these, who cheered us into embracing Brexit, Johnson and Truss.

https://twitter.com/Dannythefink/status/1581005091930505218?s=20&t=wDwzc8A-I5lFkvrCi6GOCg

They are either headbangers, or genuine enemy agents. They have done untold damage to this great country. Time to tell them to belt up and f**k off.

[Sprotyrover]

Chunt better raid the Profits of the power companies and get it spent now so that the next Cough Cough! Government hasn't got the usual soft financial cushion to flatten!

[albie]

On current trend, the climate change to at least 1.5% increase will be passed by 2029.
That means crop failures, drought and climate refugees on the move to survive.

So in terms of energy, the transition needs to be rapid and effective.
There is no chance at all of fusion, or small modular nuclear playing any role on that timeline.

The cost of conventional nuclear is beyond the interest of commercial interests, and is unlikely within 15 years minimum.

It is going to be solar and wind, with storage, other tech playing a niche role.

Loony Truss seems to think solar farms are in competition with agriculture. Aside from the fact that marginal land is often chosen, it is perfectly possible to combine solar with agri production.
The field of agrivoltaics is growing, allowing use of land between raised panels on a swivel frame.

[BillyStubbsTears]

He was right the first time wasn't he

 

https://youtu.be/-JpNravrwZc

There's just something about Jeremy Hunt and the R4 today programme.

Listen from1:30:15 here. Priceless!

https://www.bbc.co.uk/sounds/play/m001d4mh

[BillyStubbsTears]

Just when you think the absolute insanity of this lot has reached the end..


https://mobile.twitter.com/ProfDaveAndress/status/1581232896722903040

[SydneyRover]

You would think the the end is nigh for Coffey whom appears to have admitted illegally giving prescription medicine to friends.

[danumdon]

I've always had the impression that Coffey is a wrong un, but i would imagine anyone closely associated with Truss will be making new arrangements as we speak.

[SydneyRover]

Truss is finished, senior tories will be working out the timing and replacement, they must have had a hand in installing Hunt. The BoE will have to either make a strong statement, take action or both very early to try and stabilise the markets.

They need to get the OBR and some reputable economists to support their next moves otherwise the government is toast, if not already.

[big fat yorkshire pudding]

There's two points overall that stick out.

Truss is now delivering policies she doesn't believe in and stood against.  That's bonkers frankly and shouldn't be done.

The second point though is that no party has a plan to deliver what they say because none of them admit that it's very difficult to do.

We now have half the policies labour wanted.  How do they then criticise it?8