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Old 18-12-2009, 21:03   #24
martyh
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Re: £6 billion to buy climate change deal

Quote:
Originally Posted by Earl of Bronze View Post
Well.... If Norway, with a population of 5.5 million of so can run a nationalised oil industry, which thus far has made the Norwegian people an operating profit of mort than NK 2.5 trillion, I'd suggest that its more that possible to make to work....

Unfortunately in the UK, the moronic ass-hats in Westminister can't and wont run nationalised industries properly. They end up being political footballs to be screwed with for party political reasons. Run into the ground, and then sold off in bits, while the publics taxes continue to underwrite them. What a joke our leaders are....

Personally if I was running the country, I'd be throwing money, scientists, engineers and all sorts of technicians at Nuclear Fusion so that the UK would have total energy security. I'd ensure that once the technology was proven to be reliable and safe, that there would be the industrial infrastructure already in place that the fusion reactors could be fabricated in the UK. And we as a nation would be beholding to no-one else for the single most important glue that allows any 21st century nation to function (namely electricity). This new nationalised industry, that would be responsible for the construction, instillation and running of the Fusion Reactors would br run on the same model at Norways Statoil. With profits (once profits are made given the massive investment setting up this company/companies would cost) would all be directed into a "Fusion Fund", which would be similar to Norways "Oil Fund". Profit accumulates in the Fund, and the interest on those profits can then be used to pay for other things.... The important thing with the "Oil Fund" in Norway, is that by an act of the Norwegian Parliment, no government can skim off the underlying *profits* made by Statoil, unless Parliment itself votes to allow its use. Otherwise only the interest on the profits can be spent on social programs....

Ofc the above will never happen in the UK, because the politicians can't and won't allow it....


so you're saying our leaders haven't learned any lessons
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