CO2 fivefold price hike

[kuepper]

So we taxpayers give -not loan - a company £50m and the quid pro quo is CO2 prices increase from £200 to £1000 per tonne. Brilliant deal.....

BBC News - Gas price crisis: Food firms face huge price rise for carbon dioxide https://www.bbc.co.uk/news/business-58641394

 

[Priv]

That’s going to help with food inflation

 

[Angus]

Please fix your mortgage now if you can whilst rates are so low.

 

[Priv]

Please fix your mortgage now if you can whilst rates are so low.

That’s a good shout

 

[weemoby]

It's the site at Billingham that has got the gig, or have I read that wrong?

 

[ThePrisoner]

It's the site at Billingham that has got the gig, or have I read that wrong?

Fantastic news! £50 million investment into Teesside.


Is what some muppets will think.

 

[London_Boro]

Please fix your mortgage now if you can whilst rates are so low.

Pretty sure I fixed all of mine recently for the next 10 years at about 2% I'd need to check, definitely did some of them. I have 4 mortgages running side by side as we've borrowed more over the years for a house move, then home improvements.

 

[Cardiffdaffs]

So we taxpayers give -not loan - a company £50m and the quid pro quo is CO2 prices increase from £200 to £1000 per tonne. Brilliant deal.....

BBC News - Gas price crisis: Food firms face huge price rise for carbon dioxide https://www.bbc.co.uk/news/business-58641394

Desperate times call for very desperate measures.

 

[Jonny_Rondos_Disco_pants]

They have to pay for inflated fuel costs to produce. If they don’t many industries in the uk will grind to a halt.

they aren’t going to run it as a massive loss (unless mel morris is in charge)

 

[Low_Key]

it would be interesting to see how this flexes through to food. not sure how much the price of CO2 is to kill a chicken but it can't be more than a few pence if that per chicken if that. so in real terms any actual rises may not be severe as the story looks. i hope!

FYI 1 tonne of CO2 is approx 556.2m³

£200 per tonne is £0.36 per m3
£1000 per tonne is £1.80 per m3

 

[Richyboro]

Boris and co spending/wasting our cash as usual....he's not fussed, it's thei oiks who will be paying for it all.

 

[JonnyHistory]

But £20 a week to the poorest in society is unaffordable.

Welfare for the poor = BAD
Welfare for international billion $ companies = GOOD

What an absolute waste of air that entire front bench is.

 

[Glover_elbow]

just shows the need for carbon capture to get going

 

[Pak_Doo_Ik]

Hold on, we are short of CO2, whilst extinction rebellion and their off shoots are protesting because we are producing too much CO2???

just shows the need for carbon capture to get going

You might be on to something here Glover