UK Politics - BoJo and chums

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I agree to nothing, other than that we'll start a new thread on Monday. ;)
Those living on another timezone are simultaneously advantaged and disadvantaged.
 
We already have two new general taxes being introduced.

They (electricity tax and the gas tax). they are already being collected off us by the energy companies.

I.e. the UK government lets them quadruple our bills in exchange for perhaps half the excess profit as a windfall tax.

The 'i' newspaper claimed yesterday that the Treasury estimated the sector will make £170 billion excess profit over the next two years.
Solutions have been proposed.

 
But what if you have no spare cash to invest in a new kettle? £20 new kettle grants for all!

And while we are it, a swimming pool heater is basically doing the same job, just a million times larger, so £20m kettle grants for anyone with a swimming pool!
 
The 1970s oil crisis taught some nations to build their own energy sector & supply and not rely too much on imported energy in the future.

Other nations apparently didn't get the memo. The result was entirely predictable.
 
The UK was self reliant on energy in the early 2000s. Haven't been since; today they get a lot of gas from Norway and electricity from the continent. But the UK is in better shape than many other European nations and have relatively easy acces to energy imports from the US and Canada.
 
While we wait for confirmation that Truss will be our Glorious Leader, we can look at the proposals to deal with the cost of living made by the think tanks behind more than a dozen of Liz Truss’s campaign pledges.

Between them, the Truss-backed think tanks have also lobbied against a windfall tax on gas and oil companies, called for a windfall tax on renewables firms instead, and urged ministers to cut taxes rather than provide further support for those who will struggle with soaring bills this winter.​
Analysis by openDemocracy has identified a string of Truss policies and campaign staff originating from the Institute of Economic Affairs (IEA), the Adam Smith Institute and the Centre for Policy Studies.​
MPs and campaigners have raised the alarm about Truss’s closeness to the groups, saying a government led by the Conservative frontrunner would be a “puppet” for the organisations.​
Truss is particularly close to the IEA, having founded its parliamentary wing FREER in 2011 and hired its former communications director to run her campaign.​
Her policies to scrap the planned rise in corporation tax, crack down on the right to strike, review inheritance tax, loosen financial solvency regulation and deregulate the childcare sector were all first proposed by the IEA.​
None of the think tanks discloses its funders, but the IEA has received donations from BP and ExxonMobil and, along with the Adam Smith Institute and the Centre for Policy Studies, the tobacco industry. The IEA and the Adam Smith Institute have also received millions of dollars from US funders of climate denial.​
The IEA’s list of policy prescriptions to address the cost of living crisis, published in July, pushed for a windfall tax on the renewables industry and an end to the UK’s target to cut net greenhouse gas emissions to zero by 2050.​
The think tank also called for removing or reducing regulatory requirements on nurseries, which include regular inspections by the education watchdog Ofsted.​
Truss’ pledges to end the ban on fracking and reduce the size of the government have been lobbied for by the Adam Smith Institute, where her longest-serving special adviser previously worked.​
Meanwhile, her plan to create free ports and “full-fat” investment zones – where business rates and regulation are suspended altogether – echo the Centre For Policy Studies’ 2019 proposal to create “opportunity zones”. Her vow to scrap green levies from energy bills was also first called for by the think tank in May.​
 
Moderator Action: The new thread is here. Thread closed.
 
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