Jadestone Energy Share Discussion Threads

[fireplace22] 12/7/2024 17:26

The only futility, stupidity, is the masses accepting that fossil fuels have any affect on climate change whatsoever, C14 studies have shown the the vast majority of the increase in atmospheric CO2 since the industrial revolution is not due to fossil fuels but from other sources. That's even assuming you accept that CO2 is the driver of climate change.

[tim000] 12/7/2024 17:25

Exactly Dh

[dunderheed] 12/7/2024 17:19

I don't think he's saying anything of the kind.
I think he is comparing the futility of the UK attempting to bankrupt itself to achieve net zero when the really large hc "users" have no intention of achieving this and IF we were to make such an achievement it wouldn't make a mosquito splash on a range rovers windscreen of difference to anything!
Ie virtue signalling to people who don't really care anyway. IMHO.

[coffeecanportfolio] 12/7/2024 17:11

Slightly disingenuous there Mount Teide! Go on show us these numbers for all these countries for the 1970s...What about the 1960s?What about the 1950s ? What about the 1800s? So we are allowed to grow and electrify but centuries later once we have had our tummy full, we expect everyone else to comply with Nut Zero? Sounds fair !Let them GROW!!!

[mount teide] 12/7/2024 15:17

Global Coal Production 2023

4,660 million tonnes - China
804 million tonnes - India
775 million tonnes - Indonesia
577 million tonnes - US

0.56 million tonnes - UK

So, China produced 8,321 times more coal than the UK did last year!

In addition China currently imports more oil per year than the annual production of Saudi Arabia, the North Sea, the Norwegian Sea and Nigeria, Africa's largest producer, COMBINED! Yet their per capita consumption is still only one sixth of the West.

Predictably, 'Just Stop Oil' and their subsidiary 'Just Stop Coal' is nowhere to be seen in the world's leading coal and oil producing and consuming Nation's!

UK governments, particularly those with socialist policies have a long history of taking the UK electorate for fools - China is currently building over 300 new coal fired power stations a year and is forecast to still produce 35% of its electricity from coal in 2060!

Net Zero, what Net Zero?

Net Zero implementation is like the EU's Rules and Regulations, produced largely at the time of our membership for the naive like the UK, to implement in any meaningful way.

[jacks13] 12/7/2024 12:46

Thanks fireplace for the reminder about MT's thread. I have visited there in the past a few times but not recently. It is wrong to flog the political/cultural stuff too much on this board so I'll think about joining in on some topics over there.

[mount teide] 12/7/2024 11:56

A walk that my wife and I often take when the weather is not great runs adjacent/parallel to a an A Road - the hard shoulder was converted into a bicycle lane about three years ago. The round trip walk takes around 1 hour.

I would estimate that we see an average of 1-2 cyclists pass us on the cycle lane during each walk.

However, if a car or lorry breaks down or has a puncture on this very heavily used A road, or there is an accident, the road and surrounding area can become grid locked in minutes, as a result of having no hard shoulder to move the affected vehicles onto, to allow other traffic to pass.

[fireplace22] 12/7/2024 08:31

We had a circular detailing proposed changes incorporating new cycle lanes down major local road arteries with multiple traffic signals and pedestrian crossing installed. Place would become gridlocked and there is no appetite for cycle use. The existing lanes are rarely used.

[jacks13] 12/7/2024 08:19

I watched that yesterday fireplace, I also saw Truss on triggernometry recently. I was expecting/hoping to find them having something bold and encouraging to say but was left unimpressed by either. For Liz Truss it was the BoE's fault; they hung her out to dry, she claimed. For Braverman she, as minister, asked why the Pride flag was being flown on her department's buildings and was told that it was because we had to. She appeared to have accepted that and made no further enquiry. Sunak it seems is cut from the same supine cloth. Who actually governs? That's a mystery to me.

[yasx] 12/7/2024 08:19

Jack,

Climate change, many Co’s making WFH mandatory, 20mph driving zones, cones all along every motorway for years to justify 50mph restrictions to create jams but no workmen in sight and no actual roadworks. Then you have alterations to the highway code to ensure cyclists havw the rightto go slowly in the middle of the lane and making any overtaking difficult. Throw in difficulties finding parking. Perhaps public transport is a batter option? Not so - one in three trains cancelled, journeys more problematic with packed trains. High streets abandoned and online shopping promoted.Encouraging the population to take leave for stress and stay at home.

Join the dots - it is all designed to ensure you remain indoors. The plan is working.

[fireplace22] 12/7/2024 08:05

If you go over to MT's thread MTB, you'll see a link to Braverman in the States, she puts Sunak in with the same group. It wasn't the blob after all it was her govt that plotted our course to oblivion.

[jacks13] 12/7/2024 07:57

Unfortunately governments (Starmer, Davos and the EU in cahoots) are going to force EVs down our throats. They will mandate manufacturers to cease production of IC cars and use the MOT testing regime as a means to getting them off the roads. You won't need a car anyway because you will be prohibited from leaving your canton without good reason (remember Covid).

I would never have believed I could write such stuff but the penny is finally dropping.

[sea7] 11/7/2024 19:29

The internal combustion engine has survived so long and remained the overwhelmingly dominant transportation technology for one simple reason: it has been superior to alternatives and its benefits have outweighed the costs consistently. It is at the cost-benefit analysis state that the EV revolution tripped and fell—because it seems that no one bothered to do that analysis. So the market made it for them, with the EV surge celebrated loudly last year slowing down before the year was even over

[sea7] 11/7/2024 19:19

as far as I am concerned, the only person i want allocating my capital, is me.
starmers, or any other government, HMRC and local council will only ever get the absolute bare minimum from me at all times and less if i can legally arrange it that way.

no amount of chatter from politicians, do gooders, academics or vested interests, will convince me otherwise.

[volsung] 11/7/2024 19:01

This be’s always round 30p
Long as I have bin round
Diznt seem to like going up the ways for some reason so it duzint

[fireplace22] 11/7/2024 17:32

ok, so Starmer can spend your cash for a better outcome than you can.

[winnet] 11/7/2024 17:27

There's a strong argument that an American-style philanthropic foundation model leads to plutocracy and that such a system has overseen greater economic and health inequalities. I wouldn't want to be poor in the US.

I refer you to the work of Professor Robert Reich.

[fireplace22] 11/7/2024 17:06

Winnet as many altruist/benefactors believe, spare money would be put to far better use by selected charities and foundations than handing over to this lot (or any recent UK govt).
That's called conservatism by the way allowing you to spend your cash in the manner you deem most appropriate.

[fireplace22] 11/7/2024 16:57

The other angle is the high windfall taxes paid by the oil companies, there is very little motivation for them other than just tick over and eventually die.
With the intellect Milliband is currently exhibiting he probably includes the UK's Irish sea which is also a good prospect:

'It is estimated that this region may have up to 2,000 BCF of gas resource potential. that historically has largely been overlooked due to historic lower gas prices.'

[jacks13] 11/7/2024 16:45

It reads like Milliband isn't intending to ban NS oil operations in totality, as much as the climate catastrophists might wish that, but instead refusing new licences and allowing the existing licence holders to continue operations. But the decision would likely be just as chilling in time as if he were to implement a total ban.

Reservoirs need significant maintenance capex to remain in production and companies will be reluctant to invest in such in the longer term. Key skilled workers, technicians, engineers and geologists will also be dusting off their CVs in pursuit of employment in other jurisdictions. Support services to the industry would also suffer similar declines.

What does Milliband mean when he refers to North Sea Oil. Is the West of Shetlands area included because that has been the subject of much significant investment and development in recent decades. Clearly it is on the North Atlantic fringe and not the North Sea but many, perhaps Milliband included, loosely lump them both together. Significant damage would be done to the Scottish economy if the totality of the oil industry went into decline with all that would mean for Labour votes in Scotland and the resuscitation of the currently dormant Scottish independence issues.

[mount teide] 11/7/2024 16:42

In the UK the top 1% of highest earners pay 30% of all income tax, while the top 10% pay over 70%.

How is that fair or likely to generate investment in the country, encourage entrepreneurship, or owners of small businesses to work harder?

No wonder so many high tax paying middle class professionals in the UK are leaving for Australia, Dubai, Singapore, Switzerland, Canada and New Zealand etc. I would too if i had another 20 or 30 years of my working life left ahead of me......because, the life prospects of the overwhelming majority in the ultra low growth, socialist style economies of the UK and Europe over that period will be entirely predictable - yet more managed decline and real terms drop in living standards.

[sea7] 11/7/2024 16:28

I simply object to paying exorbitant taxes, as it prevents me having the money under my control. So, no matter how much I have, i will always be ensuring I pay as little as possible.

[winnet] 11/7/2024 16:19

I am not sure 9500 millionaires leaving the UK ranks very high on my list of economic or social concerns.

Lowering taxes for millionaires is straight out of the Truss playbook of policies. Look where that got us.

I'm a very wealthy guy and I'm happy to pay my fair share. I can afford it and I am not naive enough to think that my successes have been through my superior intellect or achieved in isolation without the support of others. I have no plans to move away from my home, but if you really need that extra money I can see why it may be attractive.

[fireplace22] 11/7/2024 15:50

By their own admission we will need oil and gas for the next 30 years, there is no reason to stop exploitation whatsoever other than pandering to dogma. If they want to transition that will be accelerated by supporting the NS not killing it.

[sea7] 11/7/2024 15:43

more of us will be leaving the uk and setting up shop in other countries, so that we can invest and trade without paying exorbitant taxes.

the government are idiots

they say they will cut off all new oil and gas licences, but want to rely on oil and gas revenue to pay for their plans and the transition.

newsflash - you take the oil and gas companies profits, they will wind down uk operations early and invest in other countries - meaning no more revenue for the government, who will then want to tax people more to make up for the shortfall. the uk populace will simply be paying more tax and higher energy prices - not exactly geniuses this new goverment.