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Nationalise gas power plants to boost energy security, thinktank urges UK ministers
(www.theguardian.com)
this post was submitted on 29 Apr 2025
24 points (96.2% liked)
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Do you, for example, pay 10k every year forever, or pay 100k now, once?
After 10 years have passed, you’d wish you’d paid the 100k.
Question is, how long is that 10 years in this situation.
And after which of those 10 years does the asset we bought become worthless?
Is it just another case of "socialize the costs"?
The tory philosophy probably looks pretty good if you gloss over all the taxpayer money spent propping up the supposedly profit making, corporation tax paying entities that bought into their privatisation. Also if you ignore the dire performance of private water vs scottish water (publicly owned).
yeah so apart from that (the fact it gave us the worst of both worlds), the tory philosphy probably sounds like it'd work.