Sorry Biff that wasn't the point I was making. And not its not the bleeding obvious becuase they dont help at all!biffvernon wrote:Sorry, you made several points. Which do you mean? This one?Totally_Baffled wrote: Biff - you missed the point I was trying to make - but then I think you did that on purpose to perhaps avoid answering it?
Tradable Energy Quotas (TEQs), but that's the bleedin' obvious.How else do you anticipate providing the access to the energy Biff?
TEQ's help you distribute the energy flow once you own it(eg the coal, gas etc), but you still have to purchase (import) that energy in the first place - which the UK will - around 80% of it from 2020.
For this we need a private sector to sell goods and services abroad, to generate foreign currency to purchase Russian Gas, middle eastern oil etc etc
The public sector will then receive a tax income from this revenue to buy its share of the TEQ's in this case to get the energy it needs.
Put it another way, how can you ration the energy supply to the private sector for the public sector when the former is the sector generting the income/foreign currency so you can purchase it in the first place?
As much as we need social services, nature reserves - they do not generate an income in foreign currency to purchase the energy to be distributed by TEQ's!!!
Its a bit of a conundrum to say the least!!
