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We know they aint gonna stick a windfall tax on it, this situation is another plaster and it gonna be another disaster the tax payer has to pay for while the big companies get even richer.
konastab01-
This is my fear - but we can limit the scale of the tax payer burden by doing some tinkering with how the market works - it's what they are doing in the EU too. If anything though, it limits the profits of the renewables sector, while letting the gas twats continue to rake it in. Seems the wrong way around to me!
Scrabble
How are you not grasping that the retailers are not the ones making profits? It is the energy producers - you need to buy them - which I don't think is a thing you can really do. Certainly not quickly - and who knows how many billions it would cost. The retailers that you want to nationalise are on their knees - why do you think so many went bust last year? Some are owned by the big companies making the mega bucks (I got moved to Shell Energy when my supplier went bust) but the 3 billion does not get you Shell - it gets you Shell Energy (retail) - which will be making a loss at the moment.
Sure - decoupling the energy market so that renewables cannot sell their energy at the marginal gas price seems like it makes sense - but that can be done without spaffing 3 billion on loss making admin teams.
What I'm hoping they do is they cap the bills, and decouple the energy market. That way we get the short term reassurance that we're not gonna starve/freeze this winter - while the government get to work on making sure they are not paying more than necessary to cover the bill in the meantime.
Ideally they'd also shut the fuck up about fracking / north sea gas and stick a windfall tax on the fossil fuel producers. Tell them they can apply to have their money back if they use it to finance more renewables. This seems unlikely given Truss's start.