The UK's first Energiesprong homes

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woodburner
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Post by woodburner »

kenneal - lagger wrote:Woodburner, there are people who chose to live in igloos and wear polar bear skins, and good luck to them, but there are also people in the UK who are dying from hypothermia and other cold related illnesses every year.
People were living in igloos and wearing polar bear skins and were relatively healthy. Are their present conditions of social displacement, on a diet of refined carbohydrates and the attendant consequences, and the alcohol poisoning beter?

Are the people dying because they are living in cold houses? Are they wearing insufficient clothing? Are they poorly nourished? Are they homeless and living on the streets? Have you made a dramatic statement for which you have no evidence?
It is they who probably would like to be a lot warmer a lot more affordably. I'm not out to press insulated homes on nutters who prefer to be cold but if a home is properly insulated and ventilated you can still live in an icebox if you choose. If your home isn't insulated you don't have the choice. All I want to do is give people the choice.
Another of your demeaning remarks I see. have you worked out the cost vs benefit of the proposed changes? Or is it just a view you have and that it must be right as it is your view?
I am semi retired and wouldn't want, or be able, to handle the volume of work this would generate so I have no vested interest. I am just concerned that we do something about climate change and do something that will help ordinary people first for a change. If we don't do something soon the economy will collapse and we will all be left, or most of us will, living in unheated and unheatable shiteholes. Who would want that?
Yet another demeaning term. Do you really think that sort of attitude gives you credibility? Regardless of what is done. the economy will collapse, and I have it from an expert customer of mine the world economy is already stuffed (though she used a less eloquent Anglo-Saxon term which you seem to favour. Regardless of the situation, I will not be living in the type of accommodation you seem to expect. Do you think that the heating costs will be so low the savings will pay for the energy required to make the changes? Have you thought of the environmental consequences of the materials required for these changes?
If the government wanted to recoup some of the money spent it could be done on the Green Deal basis that some of the reduction in fuel bills is taken back through the energy bills. That way no one pays any extra and the money is effectively taxed back and the QE isn't inflationary.
All spending above the current amount is inflationary. Fundamental economics. More money in circulation causes prices to rise as people are prepared to spend more.
If all you worriers about inflation hadn't noticed there's been massive inflation in the stock market and also in the housing market over the last few years as a direct result of the Bank of England's QE policy. Now some people say that that is a good thing but it is hugely inflationary, especially the housing price increase which really does take money out of ordinary people's pockets and put it into the bankers' pockets.
Yup. You’ve got it. That’s the way the system is designed. Take money from the poor and put it in the hands of the rich. See the trump tax cuts for an example
I strongly suspect that those Energiesprong homes had other work done on them as well. There were some homes done in a trial scheme a few years ago and they were uprated inside and out by the Housing Associations on top of the insulation work. I doubt that they were "Grand Designs" houses although they should be shown on GD to show people just what can be done to an ordinary home to make it comfortable and energy efficient.
They showed it because it made yet another television program. It would be rather boring to show what could be done with minimal expense, but they often don’t show any disbenefits which occur, and there has never been any advantage that did not have a detrimental effect somewhere.
To become an extremist, hang around with people you agree with. Cass Sunstein
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Potemkin Villager
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Post by Potemkin Villager »

kenneal - lagger wrote:By the way I am sat here in my unheated office typing away in four layers, a hat and insulated trousers and the heating will go on in a few minutes when my wife lights the stove in the living room. That will warm the wall between the living room and my office and take the chill off the office a little.
I wasn't suggesting you were sitting about in your undies in 25 degree winter heat Ken however many folk do use improved insulation to mainly make it affordable to heat their homes to crazy levels as I am sure you well know. I personally would be delighted to offer my home as a demonstrator in a project which would spend £75,000 improving it at no personal cost to me of course!!
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vtsnowedin
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Post by vtsnowedin »

Potemkin Villager wrote:
kenneal - lagger wrote:By the way I am sat here in my unheated office typing away in four layers, a hat and insulated trousers and the heating will go on in a few minutes when my wife lights the stove in the living room. That will warm the wall between the living room and my office and take the chill off the office a little.
I wasn't suggesting you were sitting about in your undies in 25 degree winter heat Ken however many folk do use improved insulation to mainly make it affordable to heat their homes to crazy levels as I am sure you well know. I personally would be delighted to offer my home as a demonstrator in a project which would spend £75,000 improving it at no personal cost to me of course!!
I too would like to volunteer my house for a £75,000 retrofit of my house at government expense. That is more then I spent to build it thirty years ago including the interest. It might be hard to let the wood furnace go but you have to make some sacrifices to progress.
I can't imagine needing four layers in the UK. I only wear three when fully dressed for outside work at below zero F temperatures. Today it was +5C mid day and I let the fire go out sitting around in jeans and a T shirt. The house passive heats during sunny days like today so I did not need to restart the fire until well after sundown.
My wife has not struck a match or thrown any wood in the stove for months as it is my job not her's unless I'm far away. Pays to have some Lady sized wood and kindling always at hand just in case you don't get home before she gets cold. There is a silent rebuke of your failure in her eyes I choose to see as seldom as possible. :oops:
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Post by kenneal - lagger »

The insulation/air tightness only retrofit shouldn't cost £75,000.

If the economy is going to collapse, which position I agree with, wouldn't it be nice of the government to leave us with a legacy of comfortable homes so people would then not use all our woodland up in an attempt to heat them?

Woodburner, if you can't see the logic in
but if a home is properly insulated and ventilated you can still live in an icebox if you choose. If your home isn't insulated you don't have the choice. All I want to do is give people the choice.
I feel sorry for you.

Capital spending using printed money isn't inflationary as long as the money is eventually taxed out of the system (See www.positivemoney.org). But as WB is continually telling us, the economic system is going to collapse anyway, why are we worried about a bit of inflation?

As far as I can see VT is arguing against this from a Republican position of a hatred of "Socialism" even if it is to his own advantage, a strange New World attitude, and WB is arguing that no one should have a comfortable house because he doesn't want one.

The argument that the changes aren't economically viable completely misses the point that they are environmentally necessary. Environment should trump economics every time because an economic system which makes it OK to trash the environment cannot be justified any longer.
Action is the antidote to despair - Joan Baez
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Post by kenneal - lagger »

And, yes, I do know that a lot of poor people will take comfort over heat saving because you can't save anything on your heating if you're hardly using it anyway. Why shouldn't poor people live in a bit of comfort. If the houses are really well insulated it would take hardly any energy to over heat them so what's to worry about? They'll soon get the hang of living at a sensible temperature, especially if they're educated a bit and fuel bills will go up to rap them on the knuckles in the future if they waste energy.

People will start living in t-shirts is not a sensible argument to not save energy.
Action is the antidote to despair - Joan Baez
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Post by vtsnowedin »

kenneal - lagger wrote:
Capital spending using printed money isn't inflationary as long as the money is eventually taxed out of the system

Ahh there you have it. It is that "eventually" plus all the interest that is the rub.

As far as I can see VT is arguing against this from a Republican position of a hatred of "Socialism" even if it is to his own advantage, a strange New World attitude,
It is not to my advantage because in the end I as a middle class tax payer will pay the full bill plus interest and a freebe today is of little use if if you must pay dearly for it in the future and it has gained you little (£400 a year)
going forward. And even if I was sure I would not be the tax payer saddled with the bill why should I push that bill onto any other tax payers (perhaps my yet unborn grand children) if society did not receive a reasonable return (including the value of environmental improvements) on the investment.
The argument that the changes aren't economically viable completely misses the point that they are environmentally necessary. Environment should trump economics every time because an economic system which makes it OK to trash the environment cannot be justified any longer.
If you believe I think that a viable environment is not necessary for a sound economy you are mistaken. That does not mean throwing vast sums of money in a token gesture at the problem is worth doing. We have a limited amount of money and other resources available for safeguarding the environment and we must spend them wisely if we hope to get the job done successfully.
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Post by kenneal - lagger »

vtsnowedin wrote:....We have a limited amount of money and other resources available for safeguarding the environment and we must spend them wisely if we hope to get the job done successfully.
You have been well and truly brainwashed by your *ankers there VT. You might have a limited amount of money but a *anker can print as much as he can persuade someone to borrow.

The sub prime problem was caused by *ankers who ran out of sound borrowers and so went onto sub prime borrows instead. They had as much money as they wanted because they just "print" it themselves. If they can do it why can't the government?
I as a middle class tax payer will pay the full bill plus interest


You will only pay the bill if it is borrowed from a bank that prints the money anyway. Why doesn't your government, and mine for that matter, print its own money? Because they will get into trouble from the *ankers who pay their election expenses and give them lucrative jobs when they retire from politics and in many cases before they retire from politics. The bribery of politicians is more blatant in the US, just look at the way the NRA has "lawmakers" at their beck and call, than here but most of them on both sides of the pond are owned by one corporation or another.
Action is the antidote to despair - Joan Baez
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Post by fuzzy »

kenneal - lagger wrote:
vtsnowedin wrote:....We have a limited amount of money and other resources available for safeguarding the environment and we must spend them wisely if we hope to get the job done successfully.
You have been well and truly brainwashed by your *ankers there VT. You might have a limited amount of money but a *anker can print as much as he can persuade someone to borrow.

The sub prime problem was caused by *ankers who ran out of sound borrowers and so went onto sub prime borrows instead. They had as much money as they wanted because they just "print" it themselves. If they can do it why can't the government?
I as a middle class tax payer will pay the full bill plus interest


You will only pay the bill if it is borrowed from a bank that prints the money anyway. Why doesn't your government, and mine for that matter, print its own money? Because they will get into trouble from the *ankers who pay their election expenses and give them lucrative jobs when they retire from politics and in many cases before they retire from politics. The bribery of politicians is more blatant in the US, just look at the way the NRA has "lawmakers" at their beck and call, than here but most of them on both sides of the pond are owned by one corporation or another.
Sort of, banks still have 'good capital' rules - Basel standard etc. This is why bankers have all the derivative BS to try and smooth out variations in flakey pastry so that more junk can be counted as good. They do this by betting each other that everything will be rinky dink, and it must be true because the normal distribution says so...
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Post by vtsnowedin »

Bills come due, and they have to be paid, even by the *ankers. And no, printed fluffy money will not be accepted in payment.
If you think you or your government can just print money to solve problems you are mistaken.
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Post by kenneal - lagger »

vtsnowedin wrote:..And no, printed fluffy money will not be accepted in payment.
You wouldn't know the difference, VT, between government printed money and bank printed money. It all looks the same when transfered into your bank account.
If you think you or your government can just print money to solve problems you are mistaken.
It may be the only way to solve the current crisis. People and businesses are maxed out on debt and as the loans are paid off money supply is decreasing as people are loath to take on more debt.

If the banks can't or, in many cases, won't loan the money into existence the only way will be for the government to spend the money into the system. If they do so on current account spending it will be inflationary. If they do so on capital spending it won't be inflationary.

As you seem to be woefully ignorant, or brainwashed, on how money comes into existence, VT, perhaps you should look at the Positive Money website for some good information and advice. What harm can it do to look?
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Post by Potemkin Villager »

Is there any difference between printing money and borrowing money?

The US in particular has a very ambitious civil and military spending programme and an ever expanding national debt of star war proportions!
Overconfidence, not just expert overconfidence but general overconfidence,
is one of the most common illusions we experience. Stan Robinson
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Post by vtsnowedin »

kenneal - lagger wrote: As you seem to be woefully ignorant, or brainwashed, on how money comes into existence, VT,
How about the 6.9 trillion that has come into existence in the stock market after Trump was elected. Of course if or when the markets take a dive some of it will disappear just as easily.
https://www.cnbc.com/2018/01/18/stock-m ... llion.html
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Post by kenneal - lagger »

That $6.9 trillion isn't real money until someone buys it. Until then it is only the "perceived worth" of bits of paper. When someone buys some of it they will use either money that they already have or they will get a loan from the bank. If they get a loan new money will then be created. Someone could have made a trade of a couple of million dollars to have created that surge in price, and it is price not value of those stocks.

So if the $6.9 trillion were wiped off the cost of those stocks tomorrow no one would have lost very much at all except a few gamblers and the idiots who got a loan to buy stock at the top of the market and there are quite a few of those at the moment, so I've read. No stocks are worth their cost at the moment as the earnings to be expected from those stocks are nowhere near what the price of them should demand. Stock prices have been inflated because Central Banks printed a load of money and gave it to gamblers instead of capital investors.

If government prints money to build a capital asset they always have the asset no matter what happens to the value of money or stock. They haven't gone into hock with a bank and haven't got any interest to pay to a bank but they still have an asset which is earning them money.

If it is an insulation scheme that they have invested in they will have the tax income from the workers who installed the insulation; they will have the tax from the profits that the installing company made; they will have the tax from the sale of the insulation; they will have the taxes from all the stuff that the installers spend from their wages; they will have the tax from all the money that the owners or tenants have saved on their fuel and can then spend on manufactured stuff less anything the government charges those people for the installation; they will have the repayments from the savings made by the home owner or tenant which should go to pay off the new money printed and stop any inflation.

Yes they will lose a bit of tax from the energy companies but, in the case of the UK government, they will save a tonne of money from going abroad to pay for the importation of the fuel. Win, win!

The only people who will loose out are the energy companies who will sell less energy and the *ankers who won't get any interest on the money that they don't have but would have loaned anyway to the government or the home owner or tenant to pay for the insulation. I have no sympathy for either.
Action is the antidote to despair - Joan Baez
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Post by vtsnowedin »

kenneal - lagger wrote:That $6.9 trillion isn't real money until someone buys it. Until then it is only the "perceived worth" of bits of paper. When someone buys some of it they will use either money that they already have or they will get a loan from the bank. If they get a loan new money will then be created. Someone could have made a trade of a couple of million dollars to have created that surge in price, and it is price not value of those stocks.

So if the $6.9 trillion were wiped off the cost of those stocks tomorrow no one would have lost very much at all except a few gamblers and the idiots who got a loan to buy stock at the top of the market and there are quite a few of those at the moment, so I've read. No stocks are worth their cost at the moment as the earnings to be expected from those stocks are nowhere near what the price of them should demand. Stock prices have been inflated because Central Banks printed a load of money and gave it to gamblers instead of capital investors.

.
The lawer's axiom is something is worth what it will bring. The holders of Google's stock (alphabet) have seen it rise 44% sense election day $767 to $1104 per share even though only a small percentage of those shares were traded during the year. Market capitalization ,the value of all the shares outstanding went from 429 billion to 767 billion so that one stock represents 338 billion of the 6.9 trillion total increase. Every stockholder would be a loser if those gains were wiped off the books not just the late comers to the market. Some might choose to sell some of their stock today to lock in their gains but the question then becomes where better to invest the money?
I'm thinking Caterpillar , Boeing, & Lockheed-Martin.
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Post by kenneal - lagger »

Everyone can't lock in those gains because if they did the share price would collapse completely so the gains are to an extent illusory. The stock market was originally invented to raise capital for businesses. It has now become a gamblers den which often harms the very businesses that it was invented to support.

Yes, on paper, those Google shareholders are richer today than they were yesterday but it's only on paper not in the pocket which a capital item is. A capital purchase will always be worth the cost of the materials at least, assuming the cost of the materials at the time of sale, so as long as you haven't overpaid for the item you can never lose all your money. A bit of paper is a bit of paper. With a capital item you also get the utility of the item but with a bit of paper you can only write on it or burn it to keep you warm, which is just what a lot of people did with their bits of paper in the 1930s.
Action is the antidote to despair - Joan Baez
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