Fracking, a good thing or not.

Firstly we are discussing nuclear not wind. And secondly you are talking about subsidy and guarantee support. If the industries were state owned, as you appear to prefer, the taxpayer would be paying the entire bill. So I don’t follow your train of thought.

The taxpayer is not being asked to invest in the capital facilities at all. Which of course he would have been if these were still archaic state controlled indiustries mismnanaged, just as they always are.

Sorry but yes they are, the bloody useless windmills collect subsidy like a cleaner collects dust.

The companies looking to build new nuclear stations, wanted government money, wanted the government to guarantee any loans and wanted guaranteed prices on future energy production, now I’m sure that you know as well as I do that government money actually means taxpayer money.

Further, the mass conversion of Drax power station, currently the largest coal fired station in Europe, to bio mass for fuel, again taxpayer money is being pumped into that. Along with that there appears to be a grave reluctance from the power companies to come up with the investment needed, all the wish to do is take the profit, come on the whole fairy story behind privatisation was the need to attract investment, now the investment is needed, where is it?

You betcha sweet bippy you will!;)

I think I will “Claim the 5th” on that one Chas. 😀
Jim.
Lincoln .7

But can you FRACK in a boat – which is what we are discussing!!:highly_amused: Answers on plain postcards, please…..

Oh ye of little knowledge…:highly_amused: you can also DRIFT in a boat, so it fits here perfectly.

Jim.
Lincoln .7

No doubt, Linc, but I was referring to the “drift” from fracking to………

Chas. Cars come and go, boats however are a totaly different kettle of fish.
You never stop working on a boat, even more so, if, as all of mine were, used at sea, they have to be better maintained than a car.You can’t just “Pull over” if you break down, take on water etc.
You don’t get too many 2nd chances at sea.
One becomes very attached to a boat.
Jim.
Lincoln .7

From fracking to crying over spilt cars and boats, eh! It’s a funny old forum, isn’t it?:D

Yup, I think I would feel the same if my little banger went.
I most certainly had a tear in my eyes, when due to ill health, I had to sell my last boat and watch it being taken down the road.

Jim.
Lincoln .7

It was a very sad day, but I am more grumped by the aggro since, as the Jagdeo lost its power steering pump so Mrs P is using the Ute for commuting and I have no powered transport, other than the aircraft which is a good 25 miles distant 🙁

Moggy

Thanks Moggy, BUT it is from the BBC, can I take their word as verbatim?.

(P.S. You seem to be rather grumpy since the Porche went.)
Jim.
Lincoln .7

Perhaps we will never know the exact amount

FOI enquiry, that’s all it takes.

Meanwhile: http://www.bbc.co.uk/news/world-17546420

Moggy

The taxpayer is not being asked to invest in the capital facilities at all. Which of course he would have been if these were still archaic state controlled indiustries mismnanaged, just as they always are.

Which is why it is stupid to have core industries in foreign ownership, Water, Gas, Electricity.

Now I wonder how that situation came about? Facilities already paid for by the taxpayer, sold off to satisfy political dogma, investors and multiple bosses rake in the profits, but now when serious investment is needed the begging bowl goes out to the taxpayer again. One of the worst actions by any government of this country during peace time.

The words “Not to invest further in the Industry”, indicates to me they have, but not the amount. Perhaps we will never know the exact amount, but Power Stations don’t come cheap.

Jim.
Lincoln .7

Relying on “hearsay” is never “reliable”, I fear. In any case it is so easy to check facts these days. I happen to have an interest in this and so know a little about it, but if not a few minutes googling would produce the real story I am sure.

True, looks like the usual garbling of the message which the internet is so good at:

Following the German government’s decision to wind down their nuclear industry having run scared after Fukashima, EON and RWE which own most of the German plants decided not to invest further in the industry

Somehow becomes

the Germans got to hear about it, complained, created such a stink, that plans were scrapped

Depressingly I see no mention in #19 of the “billions paid to the government.”

Shame 🙁

Moggy

The truth, or otherwise, of this somewhat unbelievable tale could easily be established by a Freedom of Information Act enquiry. Such information cannot be hidden these days by D notices and the like.

Moggy

Moggs, I think Chases reply thread 19, proves the chap I spoke to was right after all.
Jim.
Lincoln .7

That’s not really the point. If the government through the same weight of support behind nuclear as it does behind renewables home grown suppliers might be more interested. Because the last government gave up on nuclear we lost much of our expertise anyway.