This is what needs to happen here. Why does it always have to be someone in another european country to step up and say the obvious. This was not unexpected and im glad someone stepped up and said it.
I can safely say that Martin or Leo would never suggest anything like this. But they will be quite happy to row in behind it if the feedback from the bigger boys in Europe is favourable.
We dont do leadership in Ireland. Just yes men and gombeens.
Not doubt the usual apologists will be along to tell us that this is impossible, something something the market yada yada.
> Austrian Chancellor Karl Nehammer has called on the European Union to decouple electricity prices from those of gas to keep them from rising further due to ripple effects from the Ukraine war.
Gas prices and electricity prices *are* coupled, that’s an engineering fact that, as much they want to believe otherwise, politicians can’t change.
What Nehammer is really saying is that he wants to divide the electricity costs and have someone other than the person using the electricity pay the difference. That might be a fine policy, we subsidise things all the time for good reason. But sine he hasn’t given any indication of who actually will be picking up the tab this isn’t a real policy suggestion, it’s a marketing announcement.
[deleted]
Sounds good but If you have a privatised sector, this sort of pandering just isn’t possible without the public covering the deficit through taxes. The energy companies are middlemen (because we can’t call a nuclear power plant or a windmill park and make personal contracts) and it goes without saying that if they have to buy electricity at, say, 2 euros per KWH but the government mandates they can only charge 1 to their customers, all of them will fold almost instantly. “Why instantly? They must have some capital to survive for some time, right?” you might ask. Sure, they might but if the outlook is that you can fold now with 100 million in the bank or in 3 months with 100 million in dept, the board meeting to decide on this will be over in minutes.
No cap fam, these energy prices just hit different bro.
Meanwhile, our lot are out looking for a lie they can use to coerce the public into joining NATO.
6 comments
This is what needs to happen here. Why does it always have to be someone in another european country to step up and say the obvious. This was not unexpected and im glad someone stepped up and said it.
I can safely say that Martin or Leo would never suggest anything like this. But they will be quite happy to row in behind it if the feedback from the bigger boys in Europe is favourable.
We dont do leadership in Ireland. Just yes men and gombeens.
Not doubt the usual apologists will be along to tell us that this is impossible, something something the market yada yada.
> Austrian Chancellor Karl Nehammer has called on the European Union to decouple electricity prices from those of gas to keep them from rising further due to ripple effects from the Ukraine war.
Gas prices and electricity prices *are* coupled, that’s an engineering fact that, as much they want to believe otherwise, politicians can’t change.
What Nehammer is really saying is that he wants to divide the electricity costs and have someone other than the person using the electricity pay the difference. That might be a fine policy, we subsidise things all the time for good reason. But sine he hasn’t given any indication of who actually will be picking up the tab this isn’t a real policy suggestion, it’s a marketing announcement.
[deleted]
Sounds good but If you have a privatised sector, this sort of pandering just isn’t possible without the public covering the deficit through taxes. The energy companies are middlemen (because we can’t call a nuclear power plant or a windmill park and make personal contracts) and it goes without saying that if they have to buy electricity at, say, 2 euros per KWH but the government mandates they can only charge 1 to their customers, all of them will fold almost instantly. “Why instantly? They must have some capital to survive for some time, right?” you might ask. Sure, they might but if the outlook is that you can fold now with 100 million in the bank or in 3 months with 100 million in dept, the board meeting to decide on this will be over in minutes.
No cap fam, these energy prices just hit different bro.
Meanwhile, our lot are out looking for a lie they can use to coerce the public into joining NATO.