This is a fucking moron that is using data to try to prove a point they do not understand, a thread:
nitter.gq/latimeralder/status/21…
Here's the reality of UK's energy supply in 2025. Forget the hype from the green grifters...look at the actual data
Solar and wind (circled in red) provided about 6% of our total energy
Oil and gas and coal (in green) about 79%. That's 12 times as much.
And given that this profile isn't going to change much anytime soon, is restricting access to locally sourced North Sea oil and gas really such a great idea?
A large share of fossil-fuel energy is lost as waste heat in combustion engines and thermal power generation; electrification can deliver the same useful work with far less primary energy.
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It says nothing about where the oil/gas comes from, so doesn't establish the case for new North Sea production.
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stuart shakesby retweeted
Now THIS is incredible. 26 decommissioned wind turbines from Scotland's first commercial wind farm were - wait for it - 99.9% recycled?!!
Less than 0.1% of their materials into landfill. And 100% of the recycling taking place here in the UK!
Blimey. What a game changer.
stuart shakesby retweeted
It's always the potato iq posho dullards who think they've solved homelessness by just instituting another round of crackdowns on the externalities of homelessness rather than on the causes.
Same creature who's attacking the disabled today. I have endless contempt for this hag
stuart shakesby retweeted
yeah businesses work really well without roads and educated workers dont they
When Labour MPs say that businesses only exist because of the public sector, you know we need a radical reset in how we think about business and enterprise.
As the Shadow Business Secretary and Deputy of our new Economic Unit, I want to make our economy work for those who pour their blood, sweat and tears into their businesses - and for those who are doing a hard day’s work week after week without feeling like they’re getting enough back.
stuart shakesby retweeted
The Marxists are right about this. The tendency of the rate of profit to fall. The 'investors' - the creditor class - can no longer make enough money on normal stuff like agriculture and manufacturing. They have to cancel democratic politics, disempower the state and privatise everything that was once public. One sweeping, final asset-strip for the rentiers. They also task their tech nerds with the creation of a decadent fantasy world we can rent from them every day. To sustain 'investor confidence', nothing must be public, nothing free, nothing sacred and nothing real.
But it rests on the big lie that we need their money. In fact we have our own money, created by the state every day. They're desperate to restrict that, so the IMF tells each nation to keep its spending/investment down to 3% of GDP. Enough for the minimal welfare and everyday maintenance required to quell civil unrest. Defy the creditor class and they'll sell off your bonds and currency on global markets and tank your economy. The other big lie - they can do that only if we let them.
This is why the creditor class is terrified of the economic truths uncovered by heterodox economics positions such as post-Keynesianism and #MMT. Understanding this simple fact - we do not need them or their money - is revolutionary.
stuart shakesby retweeted
Came across this and thought it was some right-wing ignoramus account but it is prominent FT journalist.
In any case, apart from the obvious points about offshore wealth and the inappropriate benchmark: UK’s aggregate wealth income ratio roughly doubled from the 70s. so a constant 1% share of a much larger pile relative to national income implies growing absolute gaps and greater purchasing power over labour.
This is an amazing chart showing how much wealth inequality in Britain has *fallen* over the past century - taken from this Quillette piece on Channel 4's failure to fact-check the whole premise of its Gary Stevenson documentary quillette.com/2026/07/14/gar…
stuart shakesby retweeted
Curious your water investment chart cuts off at 85, and your rail investment chart shows investment much higher *after* the nationalisation of railtrack
Finland implemented a policy of housing first. Within 12 months, 90% of formally homeless people, were in paid work.
Not just that, the health of the people improved, there were far less hospital admissions. Crime fell. Court costs fell.
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People make the argument, that China does not work, from two perspectives, it's not true socialism, nor is it true capitalism.
People will argue, that the US does not work, because it is not true capitalism.
Could the same argument be made for Keynes?
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stuart shakesby retweeted
Britain spends around £37 billion a year subsidising rents because we failed to build enough social housing.
A huge amount of that money goes straight into the private rental market because there are not enough social homes.
Instead of investing in homes people can actually afford, taxpayers are funding an endless housing crisis 🧵👇🏽
stuart shakesby retweeted
"Whoever wishes to talk about the bond market, should not be silent about the central bank"
One week in Britain - what a week - and I am already seeing ghosts!
Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics. The latest Chartbook newsletter just dropped. Sign up below for more.
