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Greg Greg
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Comments by "Greg Greg" (@SlowhandGreg) on ""This Is Terrifying" Fury At Labour's 'MASSIVE £7bn Gamble' To Virtue Signal" video.
Blame the Tories for not building enough prisons and defunding the justice system
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It's estimated to generate £1.60 for every £1 spent That's what infrastructure investment does so why the pearl clutching?
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@DD-gt2cv 70% of steel in the US is done in an Arch furnace I'd suggest you stop getting your info from the daily Express
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@TerryHall-nm8gt they do In 2020 cost returns on a windfarm was 8 years 15 with financing since then gas has gone up and turbine efficiency has also climbed steeply. We have a system which rewards milking every last ounce of profit from ageing infrastructure. Also the government look at very short term
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@DD-gt2cv quote However, recent innovations have shown that EAFs can produce a vast range of steel products, even some previously only produced by integrated blast furnaces, by managing the raw material mix (i.e. high-quality scrap, mixed with ore-metallics where necessary). Therefore, the transition to EAF steelmaking is not expected to limit the UK steel industry's capabilities
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@DD-gt2cv quote However, recent innovations have shown that EAFs can produce a vast range of steel products, even some previously only produced by integrated blast furnaces, by managing the raw material mix (i.e. high-quality scrap, mixed with ore-metallics where necessary). Therefore, the transition to EAF steelmaking is not expected to limit the UK steel industry's capabilities
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@DD-gt2cv I've just quoted you an extract from steel experts The problem with you people is you'd rather listen to some opinionated gob on a stick rather than experts who are looking forward to the opertunities change brings and who are proposing real world solutions to the transition. We had this with brexit the experts told you migration would increase if you removed FOM, oh no we've had enough of experts
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@DD-gt2cv Quote One company, MIT spinout Boston Metal, is aiming to streamline the process by eliminating the green-hydrogren step and instead using electricity directly for making steel. Its process is based on technology called molten oxide electrolysis that uses electric current to separate oxygen from iron ore, a critical step in the steel production process. “The advantage that we have is that it’s a one-step process directly electrifying steel production,” said Adam Rauwerdink, Boston Metal’s vice president of business development. It aims to build its first commercial steel plant by 2024 or 2025, and then license its technology to major steel producers.
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@DD-gt2cv There building it now with multi million deals from venture capital. We also know that if there's a deadline for green steel people get very inventive very quickly when there is a lot of money to be made. and Both of us view Hydrogen as making the process more expensive and not really the answer
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@DD-gt2cv there's a production facility in Sweden The argument that we've always done it a certain way is wholey negative, the future isn't fossil, cheap Chinease steel is heavily tarrifed and any future European steel making will not be fossil based. Companies are innovating because instead of turning a blind eye to pollution, governments are finally addressing the real world long term problems
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Your welcome
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Maybe we just Understand macro economics more than the right wing voter?
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The reason the government spent 72 billion on energy subsidies last year was because we were tied to Gas. Upping our renewable energy usage to move away from gas dependable is a priority
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Infrastructure investment isn't a waste of money it has a return on investment in this case a multiplier of 1.6
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@TerryHall-nm8gt we have data on real world implementation of modern grid technology such as MegaPack Automated mass storage
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@dianeirvine7624 the main reason for renewable infrastructure is it's cheaper. Once you build the infrastructure the input energy is free and it doesn't go up with inflation or suddenly treble when a war breaks out
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Investing in infrastructure lowers bills
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Yes exactly economic growth powered by renewable energy
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Cancelling net zero investment would cost more than it saved.
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@darren09700 not according to major economists, Norway currently run 95% Renewable and their energy is cheaper than ours. We have the highest prices in Europe
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Then why has it been proven to lower bills where implemented?
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