I need an r/explainlikeimfive answer, because having read the article, the article’s links, and those linked articles’ links, I haven’t a clue why the bill should run into billions.
The issue is not failure of energy suppliers. It’s the failure of a system that was created to make a few people extremely rich without ever really providing choice. I mean, choice?…it’s fucking energy….supply me with as cheap energy as possible as consistently as possible. It is a con!!
You know what would cover the costs of the fail energy firms, all that unrecovered covid fraud that Rishi Sunak wrote off.
The government was happy to write that off, but refuse to write off the billions lost to failed energy companies.
Seems like they only care about their donators and friends.
When we succeed (as a corporation) its our money. When we fail, all of you docile muppets need to put your hands in your pockets and pay up.
What happened to the risk of investing in these businesses that they claim justifies the profit? Let them collapse.
If an industry is so integral that it absolutely needs to be propped up by the taxpayer/government if it fails, then maybe – just maybe! – it shouldn’t be private.
Maybe – just maybe! – we should reserve private industry for areas of the economy where the laws of the Free Market actually apply.
Well, I for one am extremely glad we didn’t go with Corbyn’s plans to nationalise the energy companies. Just imagine how much worse that would have been!
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I need an r/explainlikeimfive answer, because having read the article, the article’s links, and those linked articles’ links, I haven’t a clue why the bill should run into billions.
The issue is not failure of energy suppliers. It’s the failure of a system that was created to make a few people extremely rich without ever really providing choice. I mean, choice?…it’s fucking energy….supply me with as cheap energy as possible as consistently as possible. It is a con!!
You know what would cover the costs of the fail energy firms, all that unrecovered covid fraud that Rishi Sunak wrote off.
The government was happy to write that off, but refuse to write off the billions lost to failed energy companies.
Seems like they only care about their donators and friends.
When we succeed (as a corporation) its our money. When we fail, all of you docile muppets need to put your hands in your pockets and pay up.
What happened to the risk of investing in these businesses that they claim justifies the profit? Let them collapse.
If an industry is so integral that it absolutely needs to be propped up by the taxpayer/government if it fails, then maybe – just maybe! – it shouldn’t be private.
Maybe – just maybe! – we should reserve private industry for areas of the economy where the laws of the Free Market actually apply.
Well, I for one am extremely glad we didn’t go with Corbyn’s plans to nationalise the energy companies. Just imagine how much worse that would have been!