asterisk2a + trickle-down + amber   8

Climate change deal: 'Zero carbon' laws promised by government - BBC News
Under current law, emissions must be cut by 80% by 2050 - but ministers have said this does not go far enough. Following the climate deal in Paris, it is clear the UK must not increase CO2 at all because the warming threat is so severe, they added. No details of the law change have been given - and critics said the UK was failing to meet even current targets. [...] However, many in the energy sector will be baffled by what they see as a schizophrenic attitude to climate change from the government. While pledging their allegiance to very demanding CO2 cuts, ministers have made a slew of policy changes that are predicted to increase emissions. [...] government has failed to secure any new nuclear stations, scrapped a competition for carbon capture and threatened cuts in the offshore wind budget unless costs radically fall. [& turned back on] onshore wind and large scale solar energy
COP21  climate  change  global  warming  carbonfootprint  Food  Politics  industry  livestock  farming  industrial  agriculture  energy  policy  renewable  energy  Amber  Rudd  David  Cameron  George  Osborne  austerity  policy  folly  policy  error  extreme  weather  weather  extreme  flooding  flash  flood  UK  Tories  nasty  party  austerity  Generationengerechtigkeit  fairness  policy  error  policy  folly  trickle-down  economics  free  market  Privatisation  neoliberal  neoliberalism  Hinkley  Point  C 
march 2016 by asterisk2a
Hinkley: Why do we need the new nuclear power station? - BBC News
[ strike price ] Why is a new nuclear power station at Hinkley Point running years behind schedule and the cause of seemingly endless debate? Here are some answers to the questions surrounding the world's most expensive power project. [ prob w renewables is energy storage systems and capacity! ] [...] However, the UK needs to build more power stations if it is to meet growing demand for electricity and the government wants to ensure consumers foot the bill no matter where the electricity comes from.
Hinkley  Point  C  white  elephant  nuclear  power  nuclear  waste  carbon  tax  renewable  energy  energy  policy  energy  price  competitiveness  industrial  policy  Manufacturing  foreign  direct  investment  energy  storage  energy  security  Tories  Amber  Rudd  David  Cameron  George  Osborne  underinvestment  Smart  Grid  UK  Politics  dogma  ideology  trickle-down  economics  free  market  neoliberalism  neoliberal  subsidies  subsidizing  solar  energy  wind  energy  gas  energy 
march 2016 by asterisk2a
Britain heading for power cuts next winter, say 60 local authorities | Business | The Guardian
bit.ly/1TOwjhT &! A group representing 60 local authorities has warned that recent closures of large power stations have left Britain heading for power cuts next winter, despite assurances to the contrary from the government. [...] National Grid needed to act immediately to fill the supply gap by sending out new contracts for at least 2,500 megawatts (MW) of additional generating capacity – enough to power 2.5m homes. The alliance wants ministers to reconsider the level of carbon taxes, saying this is one of the key reasons why so many coal-fired power stations are being shut down early. [...] In recent years, coal, nuclear and gas-fired plants have been shut because of low prices, high operating costs or old age. Windfarms have been erected and new nuclear facilities promised but energy companies say gas plants cannot be built without higher subsidies. //&! bit.ly/1MpvhlE - UK doesn not meet 15% of EU renewables target, but cuts subsidies for renewables, duh! &! bit.ly/1sL8Kty
carbon  tax  renewable  energy  Smart  Grid  energy  storage  energy  price  energy  policy  energy  security  UK  competitiveness  austerity  solar  energy  wind  energy  subsidies  subsidizing  corporate  welfare  fossil  fuel  Petroleum  Industry  gas  power  industrial  policy  policy  folly  policy  error  underinvestment  George  Osborne  Amber  Rudd  David  Cameron  Tories  short-termism  Hinkley  Point  C  nuclear  power  nuclear  waste  nasty  party  Generationengerechtigkeit  fairness  babyboomers  dogma  ideology  trickle-down  economics  free  market  neoliberalism  neoliberal  coal  power 
february 2016 by asterisk2a
Oliver Stone - The Untold History of The US - Bush & Obama Age of Terror [Top Documentary Films] - YouTube
10:50 - double speak - "first they steal the words, then they steal the meaning." - Orwell // "living wage" ... child poverty ... Saturday not a weekend day. ... Google Tax deal; VIP ... double standard, one law for those who are not funding the party and one law for those who fund the party. ... and the starter home; a home which is unaffordable for over 70% of households! .... and Brexit; defining a migrant family as a family with one british passport holder and one non-britain ... // oh and over 250m for fossil fuel and cutting 65% of feed in tariff for solar! ... no double standard. oh and the strike price for hinkley! solar is not unaffordable. fossil fuel is. // oh and the Flood Re gov sponsored (20bn?) insurance scheme for properties in flood regions. Insured by the gov.
nasty  party  child  poverty  NHS  Jeremy  Hunt  David  Cameron  George  Osborne  Iain  Duncan  Smith  Conservative  PR  spin  doctor  Positioning  Westminster  Junior  Doctors  Tories  general  election  2015  election  campaign  promises  austerity  tax  evasion  tax  avoidance  Funding  Food  Bank  homeless  homelessness  Brexit  Amber  Rudd  COP21  War  on  Terror  USA  UK  Hegemony  neoliberalism  neoliberal  trickle-down  economics  Super  Rich  military–industrial  complex  1%  oligarchy  plutocracy 
february 2016 by asterisk2a
DWP post for Amazon boss is 'disgusting', says Margaret Hodge | Business | The Guardian
The Labour MP and tax campaigner Margaret Hodge has described as “disgusting” a plan to give an executive of online retailer Amazon, one of the companies at the centre of an intensifying row over taxes, a directorship at the Department for Work and Pensions. Hodge was responding to the news, first revealed by Sky News, that Amazon’s head of Chinese operations, Doug Gurr, is to become a non-executive director of the DWP. The DWP said it would issue a statement, which was not available at the time of publication. Amazon declined to comment. [...] Amazon’s UK business paid just £11.9m in tax in 2014, even though its Luxembourg unit took £5.3bn from internet sales in the UK. [...] [ in private VIP tax deals, double standard, no representation, no democracy. one rules for the oligarchy/plutocracy and another for the peons. ] [ amber rudd - tobacco ties ] [ judgement call by George Osborne to make tax deals and not make everyone equal however big or small they are ]
tax  evasion  tax  avoidance  DWP  double  standard  democracy  HMRC  No  Representation  oligarchy  plutocracy  1%  Super  Rich  Wall  Street  shareholder  value  profit  maximisation  lobbyist  lobby  Lobbying  revolving  door  Amber  Rudd  Westminster  Policy  Makers  folly  Party  Funding  constituency  nasty  neoliberalism  neoliberal  trickle-down  economics  corporate  tax  rate  corporate  welfare  subsidies  subsidizing  Tories  Conservative  Party  George  Osborne  David  Cameron  fairness  Generationengerechtigkeit  bank  bailout  austerity  budget  deficit  Toff  Privileged  Establishment  GFC  recovery  economic  history 
february 2016 by asterisk2a
The lights are going out for solar energy
Back in December, when most people were focussed on Christmas and not renewable subsidies, the government quietly published their decision to cut Feed-in Tariffs for industries such as solar, wind and hydropower by a staggering 65 per cent. Included in the small print was analysis which showed a possible 19,000 job losses, mostly in solar, which would see that industry shrink to under half its size. [...] Instead the government is thinking short-term, and our economy will suffer. For a party that wants people to think of it as economically competent, this is an incredibly bad move.
energy  price  energy  policy  renewable  energy  Amber  Rudd  George  Osborne  David  Cameron  short-termism  trickle-down  economics  carbon  tax  fossil  fuel  nuclear  power  carbonfootprint  carbon  trading  scheme  carbonemission  COP21  competitive  competitiveness  industrial  policy  Steel  Industry  Aberdeen  subsidies  subsidizing  corporate  welfare  Makers  Career  Politicians  constituency  policy  folly  policy  error  Opportunism  opportunist  Party  Funding  Oil  price  commodity  prices 
february 2016 by asterisk2a
The roof is being fixed but beware the house crashing beneath it | Business | The Guardian
Consumer spending is driving economic growth but household debt and the house price-income ratio is at a record high. Be afraid [...] It is worth recalling that when Osborne became chancellor five and a half years ago that he had two big objectives. The first was to repair the hole in the public finances, which is still very much a work in progress. The other was to shift the centre of gravity of the economy back towards making things for export. This remains a pipedream. [...] Despite the welcome pickup in business investment, the main driver of growth has been consumer spending, which has been boosted by low interest rates, the fall in inflation caused by lower oil prices, and a modest acceleration in earnings. [...] “not the ideal shape for the recovery” and it can say that again. The current recovery looks like all the previous recoveries. [...] “Fast-rising household debt is needed to maintain a reasonable rate of growth in consumers’ spending and GDP in a world of austerity ...
household  debt  consumer  debt  zombie  consumer  recovery  credit  card  debt  credit  card  materialism  status  anxiety  USA  UK  Super  Cycle  debtoverhang  mortgage  market  Housing  Crisis  debt  servitude  NPL  property  bubble  speculative  bubbles  ZIRP  NIRP  QE  BOE  Buy-to-Let  Help  to  Buy  Scheme  Right  to  Buy  student  loan  debt  debt  bubble  student  debt  private  debt  economic  growth  GFC  fiscal  policy  austerity  industrial  policy  underinvestment  productive  investment  competitive  competitiveness  George  Osborne  dogma  ideology  neoliberalism  neoliberal  David  Cameron  Tories  nasty  party  Conservative  economic  history  energy  policy  energy  price  STEM  Manufacturing  diversity  microeconomic  policy  macroeconomic  policy  Amber  Rudd  debt  monetisation  debt  monetization  secular  stagnation  disposable  income  discretionary  spending  squeezed  middle  class  working  poor  consumerist  consumerism  trickle-down  economics  status  symbol  market  affordable  social  budget2015  marginal  propensity  to  consume  Precariat  tax  credit 
december 2015 by asterisk2a
COP21: UK under fire on climate policy - BBC News
Allegations of hypocrisy will be levelled at the UK when the Climate Secretary Amber Rudd appears at the Paris climate summit on Monday. [...] Most recently Mr Osborne scrapped a £1bn fund for a demonstration plant to capture CO2 from a power station and store it underground. It was a major pillar of UK climate policy. Craig Bennett from Friends of the Earth said: "The government is totally hypocritical on climate change. "George Osborne's anti-environmental policy decisions on energy fly the opposite way to the low-carbon route the vast majority of other countries are pursuing. // also hypocrisy to cut renewable's and investment (increase future energy price, see Steel industry; wholesale price 1/3 higher than Germany, in Germany steel companies did not close shop. They complained too. but did not close shop.) and on the other hand say only austerity will strengthen economy and a strong economy guarantees a strong NHS.
COP21  Amber  Rudd  energy  price  energy  policy  austerity  climate  change  global  warming  renewable  energy  UK  budget2015  underinvestment  Smart  Grid  infrastructure  investment  competitiveness  competitive  competition  industrial  policy  marginal  cost  solar  energy  wind  energy  energy  security  hypocrisy  Tories  nasty  party  Generationengerechtigkeit  NHS  dogma  ideology  George  Osborne  David  Cameron  constituency  babyboomers  general  election  2015  election  campaign  promises  EEG  Umlage  Germany  trickle-down  economics  tax  evasion  tax  avoidance  recovery 
december 2015 by asterisk2a

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