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It's getting tough out there. Feeling the pinch?

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Comments

  • tooldle
    tooldle Posts: 1,611 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Woolsery said:
    tooldle said:
    Woolsery said:
    tooldle said:
    Shell is creaming it off with a 43% jump in profits to £7.2 billion. If that's not the worked definition of profiteering at the expense of those with little, I don't know what is.
    This is only part of the story. Without knowing the percentage reinvestment and indeed what the reinvestment is for, it is impossible to judge. Basically you need a fuller picture. Net zero is a very expensive ask for such companies. 
    It's also a very expensive ask for us too! Impossible in some cases.
    We'll have to keep nuclear and some fossil fuel capacity for the foreseeable future or the lights will go out, but it's not PC to say that. What we do is pretty small beer anyway compared with China and India.
    I'm not arguing against the need to protect our environment, but there will have to be some hard choices to reach goals still not universally agreed.
    Personally, I think  those choices have been made, just not made clear. Turkeys don't vote for Christmas.

    We may be small beer in comparison now but we (the UK) have been emitting for far longer than most.
    Yes, I know, but does that mean we should be given extra hardship now to atone for past profligacy? Or what?
    I notice one method of getting people's support for something is to lay a guilt trip on them. Classic gaslighting, as practiced by certain leaders, who haven't always done as they preached.


    Your mission is drifting. I'm simply explaining a fuller picture is needed before a reasonable judgement can be made on whether or not a company is profiteering. I have referenced an example on how a profit may be used to address challenges currently facing the industry concerned. There are lots of ways to compare and contrast emissions data and to draw meaning. 

  • Woolsery
    Woolsery Posts: 1,535 Forumite
    1,000 Posts Photogenic Name Dropper
    edited 5 May 2022 at 11:11AM
    tooldle said:
    Woolsery said:
    tooldle said:
    Woolsery said:
    tooldle said:
    Shell is creaming it off with a 43% jump in profits to £7.2 billion. If that's not the worked definition of profiteering at the expense of those with little, I don't know what is.
    This is only part of the story. Without knowing the percentage reinvestment and indeed what the reinvestment is for, it is impossible to judge. Basically you need a fuller picture. Net zero is a very expensive ask for such companies. 
    It's also a very expensive ask for us too! Impossible in some cases.
    We'll have to keep nuclear and some fossil fuel capacity for the foreseeable future or the lights will go out, but it's not PC to say that. What we do is pretty small beer anyway compared with China and India.
    I'm not arguing against the need to protect our environment, but there will have to be some hard choices to reach goals still not universally agreed.
    Personally, I think  those choices have been made, just not made clear. Turkeys don't vote for Christmas.

    We may be small beer in comparison now but we (the UK) have been emitting for far longer than most.
    Yes, I know, but does that mean we should be given extra hardship now to atone for past profligacy? Or what?
    I notice one method of getting people's support for something is to lay a guilt trip on them. Classic gaslighting, as practiced by certain leaders, who haven't always done as they preached.


    Your mission is drifting. I'm simply explaining a fuller picture is needed before a reasonable judgement can be made on whether or not a company is profiteering. I have referenced an example on how a profit may be used to address challenges currently facing the industry concerned. There are lots of ways to compare and contrast emissions data and to draw meaning. 

    Please don't think I'm having a go at you. What you say makes sense, and you have specialist knowledge. If the "emitting longer than most" means it's harder to turn things around, I can see that.
    Edited to add: In my own sector everyone's agreed that organic or close to it is the best solution for the planet, but it can't be 'best' for some of the people posting here without huge changes, because of the way the bulk of UK farming is now set-up. It would take many years to turn things around and keep us all properly fed.

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