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  • The whole energy crisis thing

Petrol down to 146c a ltr here today. That’s about 75p. I’ll turn the heater up and think about you all. 👍

Old-Dutch they don’t give a fuck, but one thing that is changing is the whole ESG angle on this. The large investors into these companies are all having to abide by new ESG standards and therefore will be either taking all their money out of these companies in the near future or requiring them to spend billions becoming more sustainable.

That’s all theory, but probably just means a load of hedge funds take on all the shares and debt in the likes of BP etc and take the profit

    gcw We’ve had it too good for too long

    Anyone who thinks like that can fuck off. There shouldn’t be a glass ceiling for comfortable existence.

    Everyone on the planet should be able to afford the basics, heat, light, fuel for cooking, food, housing etc

        As we have seen, greater ESG compliance or greenwashing just means passing higher costs to consumers.

        erik They are a human right and the developing world has only just got going, which is precisely why the world will never hit net zero by 2050. We are being peddled a fantasy that will impoverish most people

            alistair the whole net zero thing is a scam…. if they wanted to they could achieve it in half the time they say.. Profit before the planet.

            • Amps replied to this.

                Amps China was already importing most of its gas from elsewhere, mainly Australia and Turkmenistan… see here:

                https://www.eia.gov/todayinenergy/detail.php?id=52258

                anyway 1) I don’t think a China has storage to build a big inventory (of gas) and 2) there will be limited gas transport capability from Russia to China… so, no, I don’t think it was China behind prices going up… it was simply Russia curtailing supply to Europe.. prices are a lot lower in Asia and the US than Europe, reflecting the fact it’s largely a European/Russian issue.

                    alistair the world will never hit net zero by 2050

                    Humans will barely be surviving in 2050

                    Thank fuck I’m at the arse-end of everything.

                        Jules72 and the fact that the US has fracked its way to energy independence

                          Along_the_Wire Humans will barely be surviving in 2050

                          Thank fuck I’m at the arse-end of everything.

                          That’s the spirit, Granto

                            Jules72 Yeah, I don’t think it was a Russia thing, I think China has bought ahead of everyone else from all of it’s suppliers, and that created a knock on to the whole market. Again, happy to be wrong, it was only something I saw briefly on the news a good while ago / before the Ukraine war.

                              erik if they wanted to they could achieve it in half the time they say

                              Correct. No political will. We are ruled by psychopaths the world over.

                                Smallman1 The kip of your gaff, the last thing it needs is earthquakes.

                                • erik replied to this.

                                    I may be wrong Amps but don’t think Tooting is one of the world’s great earthquake risks.

                                    • Amps replied to this.

                                      Ed means lets get fracking (anywhere north of Essex)!

                                      Amps Do you know anything about fracking?

                                      One of my specialist subjects!

                                        Can they keep the fracking to the north?

                                        If yes, let’s get going!

                                        Amps at least the last thing he’ll have to worry about is a leaky roof