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ManxKat
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Posted: Fri Aug 1st, 2008 09:42 am |
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Anyone else think this is bonkers? And the government wants this to happen? Am I missing something?
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Reverend Gixxer
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Posted: Fri Aug 1st, 2008 09:43 am |
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ManxKat wrote:
Anyone else think this is bonkers? And the government wants this to happen? Am I missing something?
Nope. It's all part of Thatcher's legacy. I believe there's a thread on it somewhere.
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chris r
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Posted: Fri Aug 1st, 2008 09:47 am |
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| From watching the news this morning, French company EDF don't want anything to do with them. Any other takers?....No?
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Reverend Gixxer
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Posted: Fri Aug 1st, 2008 09:49 am |
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| I heard it was the shareholders who rejected EDF's bid?
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ManxKat
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Posted: Fri Aug 1st, 2008 09:57 am |
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Reverend Gixxer wrote: I heard it was the shareholders who rejected EDF's bid?
It was. I just can't get my head around the fact that our government is condoning putting our energy sources in the hands of another country.
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bigbadmad
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Posted: Fri Aug 1st, 2008 10:32 am |
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Reverend Gixxer wrote: ManxKat wrote:
Anyone else think this is bonkers? And the government wants this to happen? Am I missing something?
Nope. It's all part of Thatcher's legacy. I believe there's a thread on it somewhere.
Geez! C'mon I hated the old bag as much as the next man but 18 years later I'm more inclined to blame the current incumbents for our woes...
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greenpro
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Posted: Fri Aug 1st, 2008 10:35 am |
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| Manxkitty it's all part of the usual EU trap. We are so easily conned into believing that our energy supplies are 'safe' in another nation's hands. They're not. What can we do about it? Get out of the EU as soon as poss and go back to running our own affairs, political and economic. Grrr.
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Reverend Gixxer
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Posted: Fri Aug 1st, 2008 10:50 am |
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bigbadmad wrote:
Reverend Gixxer wrote: ManxKat wrote:
Anyone else think this is bonkers? And the government wants this to happen? Am I missing something?
Nope. It's all part of Thatcher's legacy. I believe there's a thread on it somewhere.
Geez! C'mon I hated the old bag as much as the next man but 18 years later I'm more inclined to blame the current incumbents for our woes...
They're just doing Thatcher-lite. Following the policies that she adopted of selling off the state's assets to the highest bidder. As I see it, there's been precious little change in the way things are done for about 25 years.
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Reverend Gixxer
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Posted: Fri Aug 1st, 2008 10:56 am |
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ManxKat wrote:
Reverend Gixxer wrote: I heard it was the shareholders who rejected EDF's bid?
It was. I just can't get my head around the fact that our government is condoning putting our energy sources in the hands of another country.
It's been happening for a long time. e-on's a German company. Thames Water is owned by German company RWE. Companie Generale des Eaux owned part of out infrastructure too. It's hardly new. And I know I keep banging the same drum, but this is a continued result of so-called Thatcherism.
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Mav
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Posted: Fri Aug 1st, 2008 11:02 am |
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<python>
Did she turn you into a newt?
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hirsty
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Posted: Fri Aug 1st, 2008 11:27 am |
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Reverend Gixxer wrote: It's been happening for a long time. e-on's a German company. Thames Water is owned by German company RWE. Companie Generale des Eaux owned part of out infrastructure too. It's hardly new. And I know I keep banging the same drum, but this is a continued result of so-called Thatcherism.
And British investment & pension funds based in The City have huge stakes in multinationals and non-UK based businesses, twas ever thus. Thames was indeed owned briefly by the Germans, but is now part of a US-group. Just the same as National Grid owns big pieces of US utilities companies, or Vodafone has 17 other OpCo's around the world sending money back to Berkshire ...
Do we think that EDF would "turn off" a UK-based nuclear power station in the (unlikely) event of a souring in Anglo:French relations? I appreciate the concern that a physical gas or oil pipeline can be disrupted in any of the countries it flows through, but there won't be a big red "off button" anywhere on a desk in Paris & there's nothing to stop us taking it back in this doomsday scenario.
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RC45er
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Posted: Fri Aug 1st, 2008 03:43 pm |
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ManxKat wrote: Reverend Gixxer wrote: I heard it was the shareholders who rejected EDF's bid?
It was. I just can't get my head around the fact that our government is condoning putting our energy sources in the hands of another country.
MK, we buy electricity from France, Gas from Russia and oil from the market. Our energy is in the hands of another country already. Btw we are in the EU and French firms aren't foreign.
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Reverend Gixxer
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Posted: Fri Aug 1st, 2008 09:40 pm |
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RC45er wrote:
Our energy is in the hands of another country already.
Wonder whose bright idea that was?
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ManxKat
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Posted: Fri Aug 1st, 2008 10:01 pm |
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RC45er wrote: ManxKat wrote: Reverend Gixxer wrote: I heard it was the shareholders who rejected EDF's bid?
It was. I just can't get my head around the fact that our government is condoning putting our energy sources in the hands of another country.
MK, we buy electricity from France, Gas from Russia and oil from the market. Our energy is in the hands of another country already. Btw we are in the EU and French firms aren't foreign.
This is true. Though I can't say I am overly enthusiastic about it, its bad policy imo. And I love France, wonderful place, great people, they are still foreigners though, uppity buggers.
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RC45er
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Posted: Sat Aug 2nd, 2008 09:35 am |
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Reverend Gixxer wrote: RC45er wrote:
Our energy is in the hands of another country already.
Wonder whose bright idea that was?
Somebody with some sense? How can it be in our hands when we don't actually have it to do with as we want. Absolutely correct too, if somebody can produce and sell it cheaper and better than you then you buy it from them. French nuclear is cheaper than we can produce it.
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Reverend Gixxer
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Posted: Sat Aug 2nd, 2008 09:58 am |
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RC45er wrote:
Reverend Gixxer wrote: RC45er wrote:
Our energy is in the hands of another country already.
Wonder whose bright idea that was?
Somebody with some sense? How can it be in our hands when we don't actually have it to do with as we want. Absolutely correct too, if somebody can produce and sell it cheaper and better than you then you buy it from them. French nuclear is cheaper than we can produce it.
RC, I do believe that you're becoming my Nemesis. How amusing.
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Dresda
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Posted: Sat Aug 2nd, 2008 10:15 am |
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| The largest single shareholder is the UK treasury, ie, the taxpayer. I try not to let emotion colour my view of such situations, as what is important to me, is the cost of energy now and in the future. Without all the subjective objection during the last 30 years to the expansion of nuclear generated electricity in the UK, things might be different. If the French government believe that new nuclear facilities are justified, they just go ahead and build one, giving opposing voices the finger.
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greenpro
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Posted: Sat Aug 2nd, 2008 10:51 am |
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| I say cover the UK in nuclear power stations, one per town. Simple. Why do I say this? Because I'll get cheap/er energy and I'll have croaked before the poor bastids further down the line get stuck with undoing the whole radioactive mess.
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mr goiter
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Posted: Sat Aug 2nd, 2008 11:22 am |
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Over here we sell uranium to whoever seems to want it. Can't be any worse than that 
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johnktm
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Posted: Sat Aug 2nd, 2008 07:15 pm |
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Sellafield is also being offloaded by the government,so all of the UK`s nuclear assets are being sold off.
Now there is talk of new build nuclear installations,oops we just sold off the world leaders in nuclear design and building (Westinghouse).
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