jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,808 
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Post by jonno on Dec 17, 2014 11:08:08 GMT
...hamster on a flywheel.. what's the FIT rate for that ? Am i missing an investment opportunity ? Hamster FIT rate - £1 per Mwatt; Guinea Pig FIT rate-£1.05 per Mwatt.(Showing my age  )
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merlin
Minor shareholder in Assetz and many other companies.
Posts: 902
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Post by merlin on Dec 17, 2014 12:33:05 GMT
Hey Jonno what about the white mice. They seem to like to work the wheel in pairs. So is the fit rate per pair?
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,808
Likes: 3,242
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Post by jonno on Dec 17, 2014 12:36:44 GMT
Hey Jonno what about the white mice. They seem to like to work the wheel in pairs. So is the fit rate per pair? I don't know merlin.I left the Rat Race a while ago.
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Dec 17, 2014 13:59:32 GMT
Hey Jonno what about the white mice. They seem to like to work the wheel in pairs. So is the fit rate per pair? Pairs, apples, oranges, it doesn't matter which. They all keep the White Mice Fit.
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markr
Member of DD Central
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Post by markr on Dec 17, 2014 22:33:43 GMT
These centrifugal hamsters should keep the lights on: Hamsters |
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Post by mogzi on Dec 18, 2014 17:14:02 GMT
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mikeb
Posts: 1,072
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Post by mikeb on Dec 18, 2014 18:19:46 GMT
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Post by batchoy on Dec 18, 2014 18:33:47 GMT
There is always cat power and they seem easier to entice into the wheel than hamsters: youtu.be/8mY8Yechvg8 |
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Post by chielamangus on Dec 19, 2014 13:03:41 GMT
Of course it’s the taxpayer who pays and we’re being well and truly shafted by subsidising an unreliable form of energy generation which currently (no pun intended) produces 4.2% of our energy (The Independent 27 March 2014) As usual it’s Joe Public who pays for madcap liberal dogma. NO, it aint Joe Public who pays - it's electricity consumers through higher tariffs. As electricity is an income inelastic good/service, this bears proportionately more heavily on those with lower incomes. And who gets the benefit? Mostly the better off as they have the capital to invest in the first place and also probably a better education and understanding of what a great return on capital they can screw from the system. it all sucks! And the worst of it is that these people with highly subsidised solar or wind energy smugly think they are being so damned virtuous.
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Post by GSV3MIaC on Dec 19, 2014 19:06:44 GMT
They're just doing what the government has, by financial fiddling, encouraged them to do. Ditto diesel cars. Tiz obviously the "will of the people" - at least the 30-40% of the people who turned out to vote. Or it was 5 years ago, or it was what the politicians interpreted it as .. well something like that. Roll on the technocracy ... 8>.
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shimself
Member of DD Central
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Post by shimself on Dec 19, 2014 19:33:29 GMT
NO, it aint Joe Public who pays - it's electricity consumers through higher tariffs. As electricity is an income inelastic good/service, this bears proportionately more heavily on those with lower incomes. And who gets the benefit? Mostly the better off as they have the capital to invest in the first place and also probably a better education and understanding of what a great return on capital they can screw from the system. it all sucks! And the worst of it is that these people with highly subsidised solar or wind energy smugly think they are being so damned virtuous. We've been here before. OK so that's what you think is wrong. What (apart from population reduction) would you think is right?
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Post by chielamangus on Dec 19, 2014 19:42:57 GMT
shimself -Define the problem first that these regressive policies are supposed to be solving.
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mikes1531
Member of DD Central
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Post by mikes1531 on Dec 19, 2014 21:24:44 GMT
shimself -Define the problem first that these regressive policies are supposed to be solving. Electricity production from renewable resources?
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Post by chielamangus on Dec 20, 2014 5:58:29 GMT
That is not a problem - that is a policy, a perceived solution to something.
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pikestaff
Member of DD Central
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Post by pikestaff on Dec 20, 2014 7:37:27 GMT
The problem, obviously, is global warming. I hope we're all grown up enough to believe that's happening.
We need, as far as possible, to switch our energy consumption to forms that make less of a contribution to global warming and renewables are a part of that. I would like to see nuclear take a much larger part of the cake (France has got that right) but that seems to be politically difficult.
The objective of the subsidies is to make renewables competitive while innovation brings the price down. The fact that they provide such a great opportunity for us suggests to me that they must be too generous, but that's an issue of quantum not principle.
I agree that the regressive policy whereby we pay the subsidy through our electricity bills is less than desirable. I would prefer it to be funded through more progressive taxes. But that's politics for you, again. Governments of every hue have an aversion to raising the more visible taxes and so the less well off pay more than their share through FITs and VAT. Meanwhile the middle class / pensioner subsidies like ISAs just get bigger and bigger, which is great for the likes of us but no way to run a tax system.
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