There are also the effects of "windfall tax" on the North Sea industries. How can you survive in business with these dynamics
"For the year ending 31 December 2024, Harbour Energy reported a pre-tax profit of $1.22 billion. However, due to a surge in tax expenses—primarily driven by the UK’s increased windfall tax on oil and gas producers—this profit was more than offset, resulting in a post-tax loss of $93 million for the year
You are a shining light of intelligence and economic knowledge, and I fervently hope you get elected in Swansea at the next GE. You would be a fantastic Chancellor. However, whilst I appreciate that Reform would bin the Nut Zero nonsense (and I have voted for them and stood as a local election candidate 4 years ago) the calibre of many of their candidates is as low as Angela Left-School-at-16-with-no-Qualifications Rayner. I sincerely doubt that they could muster a cabinet of sufficient quality to achieve anything in the face of a Blob that will outmanoeuvre them at every turn. Given that Reform has no internal democracy and NF will not allow anyone in the Party who might threaten his dominance, we desperately need a new party who would appoint people like you as spokesmen on these issues.
I see the wholesale destruction of the automotive sector, from energy costs to create product to shoe-horning the public into an electric centric energy supply. Not since the days of the infamously inefficient immersion heater, designed to mop up excess cheap energy which never arrived, has there been such a blatant abuse of the public - at least, as far as electrickry goes.
The green jobs thing is pure political spin.
For every job created, tens - in the automotive sector, hundreds - disappear.
There are also the effects of "windfall tax" on the North Sea industries. How can you survive in business with these dynamics
"For the year ending 31 December 2024, Harbour Energy reported a pre-tax profit of $1.22 billion. However, due to a surge in tax expenses—primarily driven by the UK’s increased windfall tax on oil and gas producers—this profit was more than offset, resulting in a post-tax loss of $93 million for the year
You are a shining light of intelligence and economic knowledge, and I fervently hope you get elected in Swansea at the next GE. You would be a fantastic Chancellor. However, whilst I appreciate that Reform would bin the Nut Zero nonsense (and I have voted for them and stood as a local election candidate 4 years ago) the calibre of many of their candidates is as low as Angela Left-School-at-16-with-no-Qualifications Rayner. I sincerely doubt that they could muster a cabinet of sufficient quality to achieve anything in the face of a Blob that will outmanoeuvre them at every turn. Given that Reform has no internal democracy and NF will not allow anyone in the Party who might threaten his dominance, we desperately need a new party who would appoint people like you as spokesmen on these issues.
Brilliant article. I'm a miners daughter and a Net Zero geek. Their folly I'd astonishing.
Well argued, as usual.
I see the wholesale destruction of the automotive sector, from energy costs to create product to shoe-horning the public into an electric centric energy supply. Not since the days of the infamously inefficient immersion heater, designed to mop up excess cheap energy which never arrived, has there been such a blatant abuse of the public - at least, as far as electrickry goes.
The green jobs thing is pure political spin.
For every job created, tens - in the automotive sector, hundreds - disappear.
It is a scam.
Great work.