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PoundsandSense 🇬🇧

PoundsandSense 🇬🇧

@PoundsSenseBlog

Pounds and Sense is a UK blog covering financial and other matters from a 50+ viewpoint. I'm Nick, a 3/4 retired writer & editor.

West Midlands, England Katılım Aralık 2016
1.3K Takip Edilen2.8K Takipçiler
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Annunziata Rees-Mogg
They do not even believe their own fantasy. On the left - a flood map forecast by Climate Central for 2030 On the right a 2,700 acre solar farm being planned. If it’s going to be under water in 3.5 years the location seems somewhat unwise. Or they know the flooding fears are codswallop. 💩 (Arrow on flood map shows approx location of solar farm)
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Toby Young@toadmeister

The latest report from the Climate Change Committee claims Britain is set to see soaring temperatures and sharp rises in flooding and storms by 2050. There's just one problem, says Paul Homewood in the Climate Skeptic: none of it is plausible. climateskeptic.org/p/fact-checkin…

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The Daily Sceptic
The Daily Sceptic@LD_Sceptics·
Today's update on the Daily Sceptic is here. Paul Homewood fact checks the Climate Change Committee's latest doom-mongering report; please God, spare me another Pride Month, begs Dave Summers; and Green MP Carla Denyer takes 'burn out' leave. dailysceptic.org/todays-update/
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MoneyMagpie
MoneyMagpie@MoneyMagpie·
Deals! Deals! Deals! See what huge offers we have over bank holiday weekend - from free food, free days out and some big discounts moneymagpie.com/the-best-uk-de…
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MoneySavingExpert
MoneySavingExpert@MoneySavingExp·
Things you might've missed on MSE this week: ⚠️ Martin's pension tax warning. ⚽️ How to watch the UEFA finals 'free' or cheap. 📰 100 days' free access to 6,000 digital mags and papers. ⛵️ Bag free kids' entry to 200+ attractions. And more: moneysavingexpert.com/mse-weekly-rou…
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MoneyWeek
MoneyWeek@MoneyWeek·
The government has promised not to touch the state pension triple lock this Parliament, but rising costs mean reform could be inevitable eventually moneyweek.com/personal-finan…
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MoneyWeek
MoneyWeek@MoneyWeek·
Cashback credit cards can help you earn rewards on everyday spending. We list some of the best deals on the market. moneyweek.com/321026/the-bes…
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The Daily Sceptic
The Daily Sceptic@LD_Sceptics·
Today's Daily Sceptic update is here. Red Ed goes all-in on slave labour to save the planet, says Paul Homewood; Mark Littlewood says bet on Reform UK to win in Makerfield (but don't bet much); and five are arrested in Manchester over local election fraud. dailysceptic.org/todays-update
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The Daily Sceptic
The Daily Sceptic@LD_Sceptics·
Today's Daily Sceptic update is here. The BBC's problem isn't bullying, it's ideology, says Ben Pile; Philip Patrick argues Celtic should lose the title if Scottish football has any integrity; and Patrick Frank on why climate models are all bunkum. dailysceptic.org/todays-update
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Which? Money
Which? Money@WhichMoney·
Free cash for switching banks? 👀 Barclays, NatWest, First Direct and more are offering up to £200 to new customers. We break down the best deals this month. which.co.uk/news/article/b…
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MoneySavingExpert
MoneySavingExpert@MoneySavingExp·
Got a train journey coming up? We've a deal that'll put you on track for a nice saving! 😉 You can get £5 off a £5.01+ ticket via our code: #4mZ9LorskTP5yvcc3offI2" target="_blank" rel="nofollow noopener">moneysavingexpert.com/deals/trainpal…
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Peter Clack
Peter Clack@PeterDClack·
Conventional thinking treats wind and solar as permanent infrastructure. They aren't. These are a form of short life-cycle, industrial gadgetry with roughly 15-to-25-year lifespans. They are all in various stages of permanent decay and replacement - hydrocarbon and nuclear plants last generations. We see this in the mounting graveyards of unsalvageable wreckage. Yes, much of it can be recycled in theory. But in reality, the economic and energy costs usually outweigh the benefits. They are now decomposing faster than we can replace them and this is the Treadmill Effect. If a nation installs 5 GW of wind power every year, by Year 20, they aren't expanding the grid anymore. They are being forced to build 5 GW just to replace the rusted, fatigued and degraded turbines built in Year 1. Growth flatlines, swallowed up in pure maintenance. Look at the scale of this dilemma: despite millions of massive turbines and solar arrays deployed over 40 years, hydrocarbon fuels still dominate at roughly 81% of global primary energy. Solar and wind deliver only a tiny fraction of total primary energy. We've reached the limit. Almost every turbine and panel built over the last two decades is now in the late stages of decomposition. We're struggling just to keep up; and soon we will fall behind. The mines will become hollowed-out and these 'green' rust collectors will fall apart where they stand. To feed this replacement treadmill will need an astronomical volume of minerals: like copper, nickel, cobalt and rare earths. But we have already devoured the high-grade ores. A century ago, copper ore was 5% metal. Today, major mines are crushing ore that is less than 0.5% copper. To get the same tonne of metal, you must blast, haul and crush ten times more rock. This requires more massive, diesel-guzzling mining fleets and heavy industrial smelting. We are cannibalising dense, reliable fossil energy just to chase low-density, short-lived weather collectors. Here is the Einsteinian paradox. In physics, the closer an object gets to the speed of light, the more massive it becomes, requiring exponentially more energy to move it a fraction further. The energy transition is its own relativistic wall. The closer a grid gets to 100% renewable penetration, the greater its structural costs will become. You don't just need more panels; you need a parallel universe of over-building, synchronous condensers, and continent-spanning transmission lines just to handle the asynchronous volatility. We are hitting that Inversion Point. The fossil fuel energy required to mine the rare earths, manufacture the turbines and endlessly replace the dying infrastructure will eventually outpace the net energy the system delivers. You cannot reach the limit of light. Albert Einstein - the ultimate observer of universal limits - would smile at the irony. Net Zero is being driven by an ideological bureaucracy that reads financial blueprints but ignores the periodic table and the laws of thermodynamics. Entropy is universal. Nothing can bypass it. Imagery of rust, mechanical exhaustion and the accumulation of unmanaged composite materials.
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The Daily Sceptic
The Daily Sceptic@LD_Sceptics·
Today's Daily Sceptic update is here. Bettina Arndt explains why men have given up on dating; Chris Morrison says the IPCC's ditching of RCP8.5 is a Met Office nightmare; and Steven Tucker raves about Gad Saad's new book on the West's suicidal empathy. dailysceptic.org/todays-update/
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MoneyWeek
MoneyWeek@MoneyWeek·
Pensioners are increasingly pulling all of their retirement funds out in one go, facing the risk of high tax bills and running out of money in later life. We look at what to consider before taking the money. moneyweek.com/personal-finan…
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MoneyWeek
MoneyWeek@MoneyWeek·
The UK inflation rate rose by 3.3% in March as the fallout from the Middle East conflict hit the economy – what’s next for prices? moneyweek.com/economy/inflat…
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Which? Money
Which? Money@WhichMoney·
Find out how to get a mortgage when you're retired and how retirement interest-only mortgages work. which.co.uk/money/mortgage…
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Which? Money
Which? Money@WhichMoney·
More Premium Bonds prizes are coming 🎉 NS&I is boosting its prize fund by £60m, but does that really improve your chances of winning?
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Net Zero Watch
Net Zero Watch@NetZeroWatch·
More than 100 new datacentres in the UK plan to burn gas to generate electricity, in a huge blow to climate targets. If Britain wants to be an AI superpower we need to ditch Net Zero and lift the ban on fracking.
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