Hi Euan,

Another great post clearly showing the problems we face, thank you. Why is this not so totally obvious to our so-called leaders and media?

Maybe Sarkozy knows this and that's why they are trying to include North Africa in the EU? and i thought it was just to get more Frech speakers.

We have just heard that the deal for a French company EDF to take over our nuclear power stations (existing sites that would be easiest to build new plants) has been blocked by two shareholders - Investec and Prudential. They obviously realise that coal and gas fired generation will become increasingly expensive over the next few years. Again this is yet another example of how bad the UK government is at managing finances since they sold off these shares last year for a quick cash fix when they were worth much less than today, just like the sales of gold and Westinghouse Electric Company (nuclear reactors). So whatever happens we are almost certainly faced with a lengthy delay in getting anything started:-(

I would agree with Euan in trying to drastically reduce demand and would also suggest as a first step that all "social" housing be heavily insulated at no cost to the occupants (this rented housing is generally occupied by the lowest section of income groups). To pay for this there should be an "efficiency tax" that only begins above a certain number of units.

One good note, i heard Spain is going to impose a 90kmh speed limit.

"Politicians that got us into this terrible mess are unlikely to be able to solve the problem. Trouble is none of them seem to have a f*g clue."

I know for a fact that some politicians do understand the issues but unfortunately we have the problem that us sheeple don't like hearing bad news and would be reluctant to vote for anybody who asks us to cut back - think Carter and his cardigan:-( I'm having enough trouble convincing my wife.

We must still keep pressing for better thinking from the politicians.

By the way what have you been doing with UK day ahead prices while I was on holiday? I'm away two weeks and the prices go mad:-)