Saturday, October 12, 2013

But that's what they want? Isn't it?

The efforts of the government to rake in cash to fund their various junkets and scams grows apace. New laws, new penalties, new tariffs etc. all going to line their pockets at various stages without thought to the future of the country, simply the future of those raking in the cash.
Britain's manufacturing revival is being hampered by a raft of UK-specific green taxes, steel giant Tata has said, as it called for the Government to do more to create a "level playing field" with the rest of Europe.
Vince Cable, the Business Secretary, said on Friday that while abandoning green policies would be "short-sighted and foolish", protecting energy-intensive industries was a priority. "My particular concern is to make sure that the chemical and steel industries for example are not disadvantaged by very high energy prices, and we introduce schemes to make sure they're compensated and properly offset," he told BBC Radio 4.
But Tata, which employs 18,500 people in the UK, warned that an array of green levies, including the so-called carbon price floor - charged on fossil fuels used in power generation - was putting the company at a competitive disadvantage.
The second part of a £250m Government compensation package to protect companies from the unilateral tax, introduced last April, is currently awaiting approval from Brussels.
"While we welcome the Government's compensation package ... there are still tens of millions of pounds of other UK only green taxes hitting us today," a spokesman said.
The nub of the problem is that the lunatic politicians, few who have ever run a business themselves or even had a real job in the real world don't understand how a business needs as much cashflow around it rather than having it siphoned off for something that everyone save a few enviroloons knows is an utter scam for a failed theory.
So not only did the UK government hit companies like Tata with the EU scam, they also threw in a few unilateral ones of their own to fill their coffers. Yet it's noticeable that India and China have no problems with building high carbon power plants and steel plants and it's only the moronic politicians in the UK who continue to operate their enriching scams.
I suspect it's a case of making hay whilst the sun shines for them, at least until sommething new comes along to fleece the public.

2 annotations:

Anonymous said...

Wasn't Redcar Steelworks Tata? This was closed and the work transferred to an Indian works.

It seems they are just 'nudging' to get some of the £250 million windfall, which will no doubt come from the taxpayer.

Strange though that all this is due to the climate change issue.

Note - Dr. Rajendra Kumar Pachauri serves as a Director-General of The Tata Energy Research Institute (TERI).

Anonymous said...

Socialize the debt, privatize the profits.

We are now paying for our own jobs through taxation.