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news & politics:discussion


zahidf

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1 minute ago, steviewevie said:

the govt sets the fiscal rules, not the OBR.

Yep but the bond market doesn't have to believe those rules are credible.

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We can cut our in country emissions as much as we like, but will still be responsible for these

Quote

Figure 3 shows that in 2020, emissions associated with imports from China were 38 mt CO2e, which is 62 per cent higher than the 1996 level of 23 mt CO2e. They now account for 14 per cent of the emissions associated with imports, compared to 9 per cent in 1996.

https://www.gov.uk/government/statistics/uks-carbon-footprint/carbon-footprint-for-the-uk-and-england-to-2019

Lifestyle attitude consumerism and greed reset required as much as using technology

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4 minutes ago, lost said:

Yep but the bond market doesn't have to believe those rules are credible.

doesn't have to...but just setting to 5 years debt thing is just some arbitrary number based on a term of a parliament.

Anyway, we have no idea how markets would respond...Green investment will probably seem like the way to go in terms of future growth and security...whereas just suddenly cutting taxes all over the place when public services actually require more money and then refusing to publish OBR and just saying trust us this will bring growth just didn't wash.

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14 minutes ago, Ozanne said:

You said:

’100% clean energy?

They haven’t got a hope in hell…’

After weeks of saying how bad the crises is when a party puts a plan in place to tackle it you instantly just say nope, not doable. Sorry but with that type of attitude then of course we aren’t going to change things. As I said even if we get to 75% clean energy then it’ll be much better than nothing.

I genuinely thought an ambitious target would be welcomed by someone like you. 

Sadly it won't make any difference as we share a world with China and USA who will swallow up our net savings. 

So I'm still going to fly on holiday.

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Just now, stuie said:

Sadly it won't make any difference as we share a world with China and USA who will swallow up our net savings. 

So I'm still going to fly on holiday.

Include India in that.

Anyway I don't blame you.

When we haven't even got the balls to ban the production of endless amounts of unnecessary disposable shite, almost certainly produced using coal, then why should individuals bother?

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Just now, Skip997 said:

Include India in that.

Anyway I don't blame you.

When we haven't even got the balls to ban the production of endless amounts of unnecessary disposable shite, almost certainly produced using coal, then why should individuals bother?

oh. Cool. Might go and buy some shite and then throw it away.

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2 minutes ago, steviewevie said:

this isn't an economic decision, it is a political decision.

Maybe one day people will make decisions based on the environment.

Completely correct

Truth is that no one in power is in the slightest bit serious about this.

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4 minutes ago, steviewevie said:

.

Anyway, we have no idea how markets would respond...

We can make an educated guess as we know what the market is and thats people who buy uk debt expecting its value to at least hold its purchasing power when it matures and ideally out perform other asset classes. Why would anyone invest in something they think will do badly.

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1 minute ago, lost said:

We can make an educated guess as we know what the market is and thats people who buy uk debt expecting its value to at least hold its purchasing power when it matures and ideally out perform other asset classes. Why would anyone invest in something they think will do badly.

because maybe they think it will go well?

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1 minute ago, steviewevie said:

because maybe they think it will go well?

sending debt to gdp over 100% with an aging population? Well if you think thats a good idea tell your pension provider to go 100% gilts and help out.

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1 minute ago, lost said:

sending debt to gdp over 100% with an aging population? Well if you think thats a good idea tell your pension provider to go 100% gilts and help out.

with all that massive growth that debt will start to reduce and we'll all be living in a green utopia.

Investing in infrastructure and new sources of energy is forward thinking, as opposed to just cutting taxes paid for by borrowing because you're a stupid tory that has run out of ideas.

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2 minutes ago, steviewevie said:

with all that massive growth that debt will start to reduce and we'll all be living in a green utopia.

Investing in infrastructure and new sources of energy is forward thinking, as opposed to just cutting taxes paid for by borrowing because you're a stupid tory that has run out of ideas.

cool your going to stick your entire pension pot in uk debt then? You'll get that early retirement your dreaming of in no time if your right, zero risk guaranteed!

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35 minutes ago, Skip997 said:

Completely correct

Truth is that no one in power is in the slightest bit serious about this.

it could also be a bad political decision...the idea that Tories aren't going to use this to batter Labour even more...attack them on wasting money on all this green nonsense and also dithering and uturning.

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15 minutes ago, Neil said:

skippy ditching his dirty old truck for something green 2080, maybe!

Haven't you got a dirty old truck too? 

I have a diesel T4 in her 20's and no plans to change that either.

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15 minutes ago, Neil said:

is she going to save the west in a similar way to how she saved the uk economy?

she's a f**king fruitcake... hated by millions yet she's releasing books like she has something valid to say and she thinks she's a popular conservative!

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12 minutes ago, stuie said:

Haven't you got a dirty old truck too? 

I have a diesel T4 in her 20's and no plans to change that either.

My campervan runs on LPG cleaner than diesel and petrol.

Won't be mine for long as it's going to be sold. Most of my journey's are electric, either mobility scooter or taxi itw probably a year since I had a taxi that wasn't electric.

Edited by Neil
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16 minutes ago, stuie said:

Haven't you got a dirty old truck too? 

I have a diesel T4 in her 20's and no plans to change that either.

So what if that "dirty old truck" were to double up as a home with considerably lower emissions that living in a flat or house?

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