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[Nickbat]

"Centrica, GDF Suez/International Power and Scottish & Southern Energy are among the UK companies to have reduced or switched off capacity at older plants.

And despite ceasing to produce electricity, the energy companies still receive the carbon credits which they can trade on international markets – giving substantial windfalls.

All the named companies announced temporary or permanent shut-downs in recent weeks – just after this year's carbon allowances were handed out by February 28."

http://www.telegraph.co.uk/finance/newsbysector/energy/8468572/Electricity-firms-get-100m-for-nothing.html

Let me get this right: They reduce our UK capacity, import more from France as needed and get millions of pounds in windfalls...for nothing. Oh, and we get higher bills.
 
Thanks to the European Union we get shafted, yet again. 

[Dishevelled Den]

There's probably too much else to worry about nowadays to be really concerned with substantive matters that will, one day soon, effect the very nature of how we live our lives in this country - Davina McCall, the antics of the 'Spud Faced Nipper' and ilk, documenting one's latest bowel movement on some social networking site and similar important issues.

[albitz]

Why does this type of outrageous thing no longer surprise ?
It used to result in heads rolling, careers finished etc etc.
Now, its so commonplace that no-one seems to take much notice.
The handcart must surely be approaching the gates of hell ?

[Varche]

There are a few aspects to this:

1. How did "Carbon Credits " ever get introduced? (And where can I get some to cash in on the scam?)

2. What ever possessed us as a nation to allow any part of our essential infrastructure to be in the hands of Johnny Foreigner. Just what planet were our legislators on?   ( Anyone doubting the madness of this - just ask yourselves how many of our companies own ANY essential infrastructure in say another EU country)

3. Fair? Making it fair? Government buzz words. This £100million would go a long way to mitigating the cuts in social services being made right now to our elderly that made and paid for Britain to become the country it is. Makes my blood boil.

4. How can they be reducing production when we are constantly being told we need more production? "The country is going to be blacked out" etc  Don't we have an energy regulator or is it as toothless as the one I dare not mention!

[Dishevelled Den]

....// What ever possessed us as a nation to allow any part of our essential infrastructure to be in the hands of Johnny Foreigner. Just what planet were our legislators on?   

That is the killer (but unanswerable) question. 8-)

[Field Marshal Dr. Opti]

There's probably too much else to worry about nowadays to be really concerned with substantive matters that will, one day soon, effect the very nature of how we live our lives in this country - Davina McCall, the antics of the 'Spud Faced Nipper' and ilk, documenting one's latest bowel movement on some social networking site and similar important issues.

......who earns as much in a WEEK......as a top heart specialist or brain trauma specialist earns in a YEAR. Perhaps it pays to be "fick".... :-/ :-/ :-/

Oh well.....market forces and all that.... :-/ :-/ :-/

[cleggy]

The B*st***s always block a referendum on the EU.
WHY? simples we all want out, but the people who represent us do what they want, not what the people who elected them want!
Mind you our local MP was one of the 13 who voted against action in Libya so at least he got that one right.!!

[Nickbat]

Worse than I thought:

"Figures published last week reveal that the moment when Britain’s lights start going out may be much closer than previously predicted. Thanks in part to the hammering they took in the abnormal cold of last winter, six large coal-fired power stations which supply a fifth of Britain’s average electricity needs have now used up more than half of the 20,000 running hours they are each allowed under the EU’s Large Combustion Plants directive. When they reach that limit they will have to shut down."

"During those freezing, windless weeks last winter, when we were often using up to 60 gigawatts of power, 40 per cent of it from coal, the contribution of all those windmills was so minuscule that several times it appeared as 0 per cent. Even in last week’s hot weather, it was still so derisory that more than once we were having to import four times as much power from France – made by the nuclear reactors which our own politicians dislike almost as much as the coal-fired plants they don’t want to see replaced. Truly there is madness here."

http://www.telegraph.co.uk/comment/8470256/New-figures-show-the-lights-may-go-out-sooner-than-we-thought.html

 

[Varche]

Yep, the king has got no cloths on.

[russ0205]

More hamsters in wheels needed for electricity production, Hang on peter jones i thought of that,