It was lib Dems and labour that blocked going nuclear in 2013, France did it and are doing much better for energy
How the U.K. broke its own economy
511–520 of 784 posts
Re: How the U.K. broke its own economy
#512wealth inequality
Re: How the U.K. broke its own economy
#513Everyone who bought into neoliberalism in the 80s is now experiencing economies that are mysteriously failing to thrive. Correlation isn't cause, except when it is.
>Everyone who bought into post-industrial "service-based" economies in the 80s is now experiencing economies that are mysteriously failing to thrive.
Fixed it for you. I don't understand how people expect "service-based" economies to actually create any long term wealth, growth or prosperity. Unless you're serving increasingly ever more lattes to each other, and increasingly more "banking-services" and rents upon rents somehow are supposed to "grow" the economy and create "prosperity".
The more you de-industrialize your country and outsource everything, to the point that you're failing to meet even your energy needs, and competency to quickly build plants or infrastructure projects dies out, it's bound to result in at best stagnation and going to the shitter eventually, it's a matter of time.
Re: How the U.K. broke its own economy
#514Earlier quoted context omitted.
But not for someone thinking their £2m house will “lose value” There are a lot of rich people in the U.K.
I don't understand this sort of response. The context is the average person. What do you mean in that context?
I think you misread it. The context was, _not low_ (ie. high) for the average person. For someone with a higher than average wealth however, £5k isn't all that much, especially if it could potentially protect the value of their assets
Re: How the U.K. broke its own economy
#515"These problems are obvious to many British politicians. Leaders in the Conservative and Labour Parties often comment on expensive energy and scarce housing. But their goals haven’t been translated into priorities and policies that lead to growth." I can't find this mentioned anywhere in the article, but the current imbalance of supply and demand and the resulting high prices is quite beneficial for parts of the real…
In the year ending June 2024 the net migration into the UK was 728,000. That is the root cause.
The government (and this hasn't started with the current government) has a policy of high immigration then makes noise about the need of doing more to solve the "housing crisis"...
Re: How the U.K. broke its own economy
#516Earlier quoted context omitted.
So are we going to ignore Sodium Ion batteries then that are looking to enter mass production?
Call me when they stop looking.
Here's your wakup call: https://www.chemistryworld.com/news/worlds-largest-sodium-io...
Re: How the U.K. broke its own economy
#517Earlier quoted context omitted.
Batteries aren't produced at remotely enough scale to be viable for grid storage. To put this in perspective, the world uses 60 TWh of electricity per day. By comparison global lithium ion battery production was 1.1 TWh [1]. Remember, production capacity is distinct from the actual production figures. It's typical for actual production figures to be ~50% of production capacity. Intermittent sources don't just experie…
Nobody, really nobody asks for the whole world consumption to be stored in batteries. This is such a bullshit argument it really paints the rest of your comment in a bad light. You can get so far by just storing up to 12 hours OF NIGHT TIME on a local level. Who cares about the 5% of times where we have to burn natural gas to stabilise the grid. 95% renewable is orders of magnitude better than today. Anyone saying di…
If we are heating with electricity and cannot use gas storage to make up for the seasons, chemical batteries are nowhere near price effective, or even physically or projected to be available.
You can find out how much energy Europe stores in gas fields to get through the winter. You can divide that number by what you think is a reasonable sCOP for your heat pump. That number you can put next to total battery capacity ever produced, and I'll even let you add any other convertible energy storage capacity. You will find a gap off by orders of magnitude, and powerwalls in every home are not going to cover it. As you said, they'll cover a day, maybe a few, which leaves us 3 months short in the season where we have virtually no home solar.
Re: How the U.K. broke its own economy
#518Earlier quoted context omitted.
I didn't forget it, it's not a deduction from my salary. You don't pay 42% of your salary. Employee NI went down by 2pts last year, employer NI is going up by 1.2pts this year.
Fair enough if you want to believe you only pay 26% tax. Sounds like you know about it but disagree it's unrealised salary? You can see why the government created it in such a way !
I don't believe that if employer NI were removed that money would come to me, so I don't personally see it as unrealised salary, but that's just an opinion.
Re: How the U.K. broke its own economy
#519Earlier quoted context omitted.
Exactly. I think there's an entire political party that capitalizes on suffering, offering to jump in and rescue the poor victims. Like racketeering: create the problem and sell you the solution "if you just vote for us, we'll fix the devastating problems caused by $BADGUYS". but an absence of problems means you lose your voter base.
An interesting thing about this comment is I have no idea which side of politics you are criticising.
I hope that phrasing it that way focuses on the action and not split into a flame war
Re: How the U.K. broke its own economy
#520Earlier quoted context omitted.
I see a lot of irrational online hate for wind power - even going as far as wanting to dismantle offshore farms. I do wonder who is fermenting this - the obvious place to look here is the fossil fuel industry - they have the means, the motive and a track record of flexible morals. A lot of currently very rich and powerful people lose in a world where most countries and even people can generate most of the power they…
The same narrative is being pushed on Germany for instance. I think it’s quite simple. Renewable energy is a route to energy independence for various nations that were previously highly dependent on foreign nations and corporations and there are very powerful fossil fuel interconnected groups / nations that are terrified of that. Russia wants Germany to buy Russian gas. The U.S. wants Europe to buy their gas’s too. T…
It is not any fossil fuel, it is specifically oil and gas. Coal is not a problem for energy independence as it is much more evenly distributed on Earth.
What Germany has done with its reliance on Russian gas is truly insane. Not only they closed nuclear stations, but they also have been closing coal power stations. They should be pushing electrical vehicles and modernization of coal plants instead as China is doing. Even from green perspective an electrical car that uses electricity from a modern coal plant generates less CO2 than a car running on oil products.