It's an interesting thing isn't it? Greta, bless her, does make some valid points around "false accounting" around government green/renewable energy strategy.
Should start up fracking
Yep. Heat pump boilers are another case in point. They are extremely expensive compared to gas boilers and they are not actually much more efficient when you take account of the fact they work by taking air and heating it, therefore their efficiency actually decreases as the air temperature lowers (i.e. their efficiency is at it's worse when their usage need is at it's maximum). When I actually looked into getting one I was absolutely gobsmacked and how sh*t the benefit was going to be compared to getting a brand new ultra efficient gas boiler and how much it was going to cost to install and how much sh*t they were going to have to install in and on my house to get it working. I was also looking at all the kit and thinking "there's no way all of that's lasting 10 years in a British climate without breaking"
me too I’m underlain by the same source rocks. I’ve done a seismic report myself and have a background in geology and geofizz but you don’t need they to recognise the connection between fracking and swarms of small earthquakes
Weren't the Russians responsible for a lot of the scare stories around fracking?
They do say.... a good Carp these days is hard to find
Oh fiddlesticks TW...should have cracked on with it 4 years ago. Roll eyes
..... especially in Thames Water
Money from financial services just passes through as it lines the pockets of the super rich. It doesnt touch the side for real people though, unlike if there was industry
No, it was the people in Cumbria and Lancashire whose houses were cracking apart because of the earthquakea.
Tourism is about 20bn in London annually, that goes everywhere and with all the segway into other sectors like retail etc off the back of it, has to put it near the top of employers in the city, so plenty do benefit. But I do agree with the sentiment on the otherside
And local shops, pubs, bars and cafes get all the business from the thousands of workers that come in most working days. It's also a generalisation to say that the finance being processed by the city is just going to the rich. The city is no.1 in the world for trade finance and insurance. They still ring a bell in Lloyds every time a ship sinks. The insurance market and trading floors are a fascinating place. These trades are vital for global commerce. And while there are no doubt lots of funds under management on behalf of the global rich, there's billions under management on behalf of everyone else's pensions and public services. NHS trusts, police forces, local authorities, they all use the capital markets. They invest spare funding into timed deposits that are paid out with interest.
