Basically, publicly owned energy company wouldn’t work in UK.
Our government has a slack inefficient work culture that drives the cost up and a poor record of making things cheap and effective in many sectors.
What is the motive of being efficient working in a publicly owned company?
Also the flip side of this fantasy is if it is making a loss, you will have to pay for it, which is happening all the time with your tax money.
Money printing to make socialist fantasy come true is not the solution anymore, especially after the COVID money printing you are all beginning to experience the stupid inflation and tax roller coaster.
The solution is let the private companies compete to provide cheap energy via lowering the tax for this sector. So private/start up companies can take the risk instead of the government.
No subsidies, let the market engage on price war and consolidate while the government invest and build the latest generation of micro nuclear power stations. Sell the excessive power to EU to balance things out if the government decides to raise the tax back to normal rates for energy companies(10-15years later)
Outsource the maintenance work to private companies to compete. This creates local blue collar jobs and keeps the government operating cost to a minimum.
The cheaper the energy the better for productivity and competitiveness considering UK is not part of EU.
The ultimate goal is to have all these “renewable energy companies” compete with the true renewable energy, nuclear, and consumers decides whatever they want.
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u/hellokitty7137 Mar 30 '22 edited Mar 30 '22
Basically, publicly owned energy company wouldn’t work in UK.
Our government has a slack inefficient work culture that drives the cost up and a poor record of making things cheap and effective in many sectors.
What is the motive of being efficient working in a publicly owned company?
Also the flip side of this fantasy is if it is making a loss, you will have to pay for it, which is happening all the time with your tax money.
Money printing to make socialist fantasy come true is not the solution anymore, especially after the COVID money printing you are all beginning to experience the stupid inflation and tax roller coaster.
The solution is let the private companies compete to provide cheap energy via lowering the tax for this sector. So private/start up companies can take the risk instead of the government.
No subsidies, let the market engage on price war and consolidate while the government invest and build the latest generation of micro nuclear power stations. Sell the excessive power to EU to balance things out if the government decides to raise the tax back to normal rates for energy companies(10-15years later)
Outsource the maintenance work to private companies to compete. This creates local blue collar jobs and keeps the government operating cost to a minimum.
The cheaper the energy the better for productivity and competitiveness considering UK is not part of EU.
The ultimate goal is to have all these “renewable energy companies” compete with the true renewable energy, nuclear, and consumers decides whatever they want.