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1 hour ago, Barry Fish said:

They could cut VAT and the Green taxes that are on fuel bills.  That would work out around a 30% cut overall.  Which would reverse a lot of the energy price rises people are currently experiencing because of the global fuel costs.

I've never understood why green energy funding comes via energy bills but fossil fuel funding comes from general taxation. 

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2 hours ago, SheffJeff said:

I think VATs actually only 5% on domestic energy bills so cutting it will have even less impact than you think. Obviously it will help a bit but not by very fucking much.

Possibly why the Government rejected it. I think they'll plough money into the energy companies to help offset the price rise.

Edited by Ommadawn
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7 hours ago, Ommadawn said:

So we pay more for our energy and higher taxes as well to keep the energy companies afloat.. Good plan.

No just one company for each energy source, e.g. British Gas. Regulated and subsidized accordingly. Will make net zero easier. 

Edited by steviewevie
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Push from Rees-Mogg and co for Johnson to scrap the NI rise in April...difficult for Johnson/Sunak...scrap the tax and keep borrowing and/or cut spending...or keep the tax and make cost of living crisis worse this spring which could lead to bad election results for Tories in May and Johnson getting kicked out and Sunak losing out to Truss..

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8 hours ago, steviewevie said:

No just one company for each energy source, e.g. British Gas. Regulated and subsidized accordingly. Will make net zero easier. 

Not sure having one company would make net Zero easier at all.

Don't mind nationalising though, but not for that reason

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11 minutes ago, fred quimby said:

Not sure having one company would make net Zero easier at all.

Don't mind nationalising though, but not for that reason

take profit motive away, nationalise national grid, public investment in renewables, nuclear, carbon capture etc...or are we going to rely on market forces to get us there...? We need this shit sorted out asap.

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