Good, they should abandon net 0 and expose the whole CO2 lie that has been perpetuated by lazy incompetent governments who were spoonfed the CO2/climate catastrophe fiction rather than doing their own research. Google Dr Patrick Moore, listen to vilified climate scientists like Judith Curry, read books like the Neglected Sun, historian Jon Robson and many many more that have been cancelled or silenced.
The millionaires that have profiteered from Net Zero should be the ones that are targeted by the tax revenue department/the government. Particularly by anyone that is in the government or an MP or Prime Minister and family. All of those that were encouraged or forced into manufacturing heat pumps or electric cars and batteries etc. should be compensated. Compensation should be given to anyone that has recently been forced to forego their gas, electric, or oil heating. It is all a lot of nonsense that the British public has been forced to pay for.
What a silly woman. Get the horse and the cart in the right order and try to rinse some of that communism out of your worldview – particularly the relationship between government and business.
Net zero is a useless pipe dream and mass battery adoption is a dying industry due to facts and reality. Blame anyone you want, the bottom line is the market decides. Government tried to force this nonsense and failed. Period.
And this is why net zero is stupid. It’s such an unprofitable venture that the backing of the UK cannot make it feasible. But don’t worry folks we’ve been trying for 20 years and we plan to keep it up for another 20.
Rishi is in fact right to water down Net zero, as 1) it’s unobtainable, see Professor Simon Michaux or/and Mark P Mills on the subject, and 2) it’s completely unnecessary, see Professors Happer and Van Wijngaarden at Princeton, who have conclusively proven that there is NO link between man made carbon dioxide emissions and global warming (nearly everyone takes this as a given, but they are demonstrably wrong in that belief). Being data savvy and a bit more rhetoric-skeptic would do no harm; oh, and the data is suggesting we are entering into a period of global cooling, not warming, the latter is a political construct based presumably on the hot air of the politicians, not the independent Katherine of whom are somewhat more ‘cool’ on the subject. Look into it!
While I'm sure they can point to political turmoil, the management ought to look to themselves too. They never turned a profit, there were occasions they were paying EY consultancy fees amounting to more money than their own staff salaries, and for some reason this not even existent company backed by British taxpayers had a very expensive Canadian concept led by a former Canadian PM.
They haemorrhaged money and it's frankly good news for taxpayers that Boris wasn't in charge for its collapse as he tended toward throwing large amounts of money at anything draped in a union jack or with British in the name.
Forget about making the batteries – that isn’t going to be the major problem at all – the main problem is where the hell are they going to be disposed of – oh and let’s not forget about the catastrophe in waiting which is the terrible fires these vehicles are going to cause in some serious accidents
I can't envisage a scenario where ambitious investors would let such a high-profile enterprise fail if there was a reasonable chance of it making a profit. The market could see it was being sold a pup, and so it put it to sleep.
Tories are a joke party these days.
Good, they should abandon net 0 and expose the whole CO2 lie that has been perpetuated by lazy incompetent governments who were spoonfed the CO2/climate catastrophe fiction rather than doing their own research. Google Dr Patrick Moore, listen to vilified climate scientists like Judith Curry, read books like the Neglected Sun, historian Jon Robson and many many more that have been cancelled or silenced.
There is no net zero
Net zero needs scrapping completely, its madness.
You think all this is by accident or because of incompetence? Oh man
Net Zero is a scam anyway. Which muppets are even buying into that garbage…
The millionaires that have profiteered from Net Zero should be the ones that are targeted by the tax revenue department/the government. Particularly by anyone that is in the government or an MP or Prime Minister and family. All of those that were encouraged or forced into manufacturing heat pumps or electric cars and batteries etc. should be compensated. Compensation should be given to anyone that has recently been forced to forego their gas, electric, or oil heating. It is all a lot of nonsense that the British public has been forced to pay for.
If battery factories were economical they wouldn't need government subsidies.
Difficult to reconcile for the 'woke fascist death cult'!
Electric cars are a ridiculous dead end. The battery technology is absurd for anything more than an elite plaything.
Maybe the problem was the company was completely and utterly dependent on corporate welfare to survive?
We may have a leader who is slowing fine net zero, but what we really want is a leader who will stop it altogether.
What a silly woman. Get the horse and the cart in the right order and try to rinse some of that communism out of your worldview – particularly the relationship between government and business.
Why should profits be privatised and investment costs socialised ?
Net zero is a useless pipe dream and mass battery adoption is a dying industry due to facts and reality. Blame anyone you want, the bottom line is the market decides. Government tried to force this nonsense and failed. Period.
Battery cars are like play cars..fisher price cars
Its always somebody else's fault when they fail.
And this is why net zero is stupid. It’s such an unprofitable venture that the backing of the UK cannot make it feasible. But don’t worry folks we’ve been trying for 20 years and we plan to keep it up for another 20.
They have to water down net zero because it is not possible with our current energy options.
Maybe the CEO was paid seven figures.
Britshvolt was an appallingly-run company which existed mainly to funnel VC capital and government grants to EY.
Batteries are not the solution to a progressive functioning world..!!
Brotish volt was never going to succeed .
If EV was commercially sustainable, it would succeed without Govt subsidy and policy.
Rishi is in fact right to water down Net zero, as 1) it’s unobtainable, see Professor Simon Michaux or/and Mark P Mills on the subject, and 2) it’s completely unnecessary, see Professors Happer and Van Wijngaarden at Princeton, who have conclusively proven that there is NO link between man made carbon dioxide emissions and global warming (nearly everyone takes this as a given, but they are demonstrably wrong in that belief). Being data savvy and a bit more rhetoric-skeptic would do no harm; oh, and the data is suggesting we are entering into a period of global cooling, not warming, the latter is a political construct based presumably on the hot air of the politicians, not the independent Katherine of whom are somewhat more ‘cool’ on the subject. Look into it!
clearly the CEO of the volt factory wasnt a friend of a tory MP. money would have been no issue if he was lol
How wrong headed could she possibly be. Here's the answer.
EVs are dumb, and net zero is a ridiculous goal.
While I'm sure they can point to political turmoil, the management ought to look to themselves too. They never turned a profit, there were occasions they were paying EY consultancy fees amounting to more money than their own staff salaries, and for some reason this not even existent company backed by British taxpayers had a very expensive Canadian concept led by a former Canadian PM.
They haemorrhaged money and it's frankly good news for taxpayers that Boris wasn't in charge for its collapse as he tended toward throwing large amounts of money at anything draped in a union jack or with British in the name.
Net zero is already the watered down version of actual zero.
Try to manufacture in Britain??? The servile economy!
I agree with net zero
Zero Conservatives
Zero Labour
Zero LibDems
This business went under because it was predicated on soft soap and wishful thinking
Forget about making the batteries – that isn’t going to be the major problem at all – the main problem is where the hell are they going to be disposed of – oh and let’s not forget about the catastrophe in waiting which is the terrible fires these vehicles are going to cause in some serious accidents
I can't envisage a scenario where ambitious investors would let such a high-profile enterprise fail if there was a reasonable chance of it making a profit. The market could see it was being sold a pup, and so it put it to sleep.
🙄No.go talk to people that worked on the project.
Free market economics are king until they aren't 🤣
A posh British oriental…what an adorable mix.