Truss’ Energy Bailout

GSM two days ago it was reported in The Guardian, The Independent, The Mirror The Big Issue and The Herald Scotland. The donor was Fitriani Hay the wife of a former BP executive donated £100,000, the rest was made up by various interested parties. It still seems like a bribe to have a windfall tax

I don't think pre payment meters are necessarily wrong. If you use coal, oil or some other fuels you pay for it up front then burn it rather than burn it then pay for it. I do object to them being set at a higher rate though. But they could help a lot of families to budget for fuel, if set fairly.

That’s not the point.

Labour is not in power and are not the ones making the decision to not apply a windfall tax to the big companies

I’d like to see details of Labour donors, of whom there must be many, apart from the unions, but frankly I cba. No political party survives on thin air but it’s very popular to criticise the Conservatives.

Conserve the funds of the ultra rich - and who gives a damn about anyone else?

It is a mystery why even the most brainwashed reader of the Express, Daily Mail, Sun and Torygraph who is not ultra rich should ever vote for such corrupt chancers.

Yet more evidence that the fundamental aim of the conservative party is to conserve the finds of the ultra rich - especially those who donate generously to their party's coffers.

Sorry Germanshepherdsmum I'd gone down the "donations to the Conservative party" rabbit hole - and forgot the Liz Truss bit!

But even so, it IS a lot of money overall.

Jaxjacky

I’d like to see pre-payment meters scrapped, they are an abomination.

Indeed, they are.

I would also like to see the standing charge be accompanied by a minimum supply of energy. It is iniquitous that you can turn everything off but still have to pay this.

And ... They need to look at progressive charging. Currently, because of the standing charge, it is regressive.

? NotSpaghetti.

I agree Jaxjacky. An unnecessary additional burden on the poorest.

Okay, thanks for explanation GSM

I’d like to see pre-payment meters scrapped, they are an abomination.

My point is quite simply that the statement that Shell and BP donated £450k to Truss’s campaign was completely wrong. Yes, oil companies along with many others donate to political parties but they did not make the alleged £450k donation.

No. I just said that!
But it does detail each gift - and OpenDemocracy is an independent organisations funded by the Mott Foundation, Joseph Rowntree Charitable Trust, Ford Foundation, Andrew Wainwright Trust etc.

Why would you find their info unacceptable? What do you want as proof GSM? What would constitute proof to you?

Not proof at all.

GSM - not proof (as such) but quite detailed:
www.opendemocracy.net/en/dark-money-investigations/oil-and-gas-firms-have-given-1m-to-boris-johnsons-conservatives/

Barmey, Fitriani Hay’s husband was with BP from 1975 to 2000. She has been a Conservative donor for some years. The total donations to Truss’s campaign were about £420k, less than the sum you claim she was given by Shell and BP. Perhaps you can supply a link to support your assertions.

Esspee, nothing has changed, same self bunch

Barmeyoldbat

Liz was in talks with Shell and B; just before she was made PM, She I believe was given a 450k donation for Tory party funds. Stinks doesn’t.

If that is so then is anyone surprised? Standards in the political world have never been lower.
What is this country coming to?

Liz was in talks with Shell and B; just before she was made PM, She I believe was given a 450k donation for Tory party funds. Stinks doesn’t.

Baggs

Banning fracking was short termist. Not increasing nuclear power was short termist. Reducing gas storage capacity was short termist. There need not have been a UK energy crisis at all if government had done its job properly.

Reducing gas storage was short termism, as was the reduction in storage of sewage.

The banning of fracking and nuclear power was a result of the lack of knowledge as to what would happen (the former) and what did happen elsewhere (the latter).

There is an excellent documentary series on Netflix about Three Mile Island and the shenanigans of the power station operators to get it back on stream after a partial meltdown in 1979.

taking this money to fulfil personal ambition makes it difficult to believe it hasn't influenced her

So true daisy

We appear to be very thin on explanation where the "energy price Guarantee" is concerned. I have the feeling that Truss would have heaved a sigh of relief that the discussion of this was interrupted in Parliament.

One fact I think we should keep in mind is regarding Truss's Campaign fund for the leadership. The largest single donation came from Fitriani Hay, wife of James Hay, a former BP executive, who donated £100,000.

You may feel that matters or that it doesn't. The acceptance of this money does beg the question, "why is the PM so opposed to a new windfall tax". She may have opposed this anyway. However, taking this money to fulfil personal ambition makes it difficult to believe it hasn't influenced her decision.

Although Ms Truss is adamant she is lowering taxes, she intends we pay for the freeze in energy prices over the next 20 years. Apparently, taxes are not taxes when they are paid for by us all through our energy bills.

MawtheMerrier

As they say - a good day to bury bad news?

No one could have put it better Maw.
Now we wait for the fallout that will surely come.