Dr Michael Copeman

46.9K posts

Dr Michael Copeman

Dr Michael Copeman

@drmcopeman

Cancer specialist searching the world for better therapy

Katılım Mayıs 2022
5 Takip Edilen1.3K Takipçiler
Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
Now I see the job that Chris Bowen has been preparing for his whole life: Steward in charge of the Steerage passengers on The Titanic.
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@Ed_Miliband Love the way socialists speak … “conflict in the Middle East”. No mention of the existential threat from a nuclear bomb-preparing, radical Islamist regime. Just “conflict”.
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Ed Miliband
Ed Miliband@Ed_Miliband·
Conflict in the Middle East has once again shown that clean power is essential for energy security. That’s why we’re speeding up action, with solar panels to be fitted as standard on new homes and plug-in solar to be made available in shops within months. lbc.co.uk/article/miliba…
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Dr Michael Copeman retweetledi
Jardine Matheson Internationalist
In light of the renewal of the debate around energy extraction, particularly Britain’s oil & gas industry, it seems appropriate to highlight several of the arguments by proponents of the Net Zero agenda against oil & gas, broken down by claim.   1) “Prices are set on international markets, so UK extraction doesn’t help” • While there are international benchmark prices, this is misleading • Commodity trading firms make vast sums of money trading the dislocation between regional prices, seen most clearly in 2022 • UK now imports ~50% of its gas   • Domestic production: o reduces reliance on LNG spot markets, the most volatile segment o lowers exposure to geopolitical shocks • Energy imports cost the UK tens of billions per yearduring crises • Domestic supply improves balance of payments and currency stability 2) “Private companies mean profits don’t benefit the public” • North Sea producers face ~75% headline tax rate • Generated ~£9–10bn in tax revenue in 2022–23 (HM Treasury / OBR) • £350bn+ total tax receipts since the 1970s • Supports ~200,000 UK jobs (Offshore Energies UK) • Government retains control via: o licensing o taxation o regulatory approval 3) “We shouldn’t expand fossil fuels during a climate transition” • UK still relies heavily on gas: o ~80% of homes heated by gas • Cutting domestic supply does not get rid of the demand • Imports replace production: o LNG often has higher lifecycle emissions than domestic gas • Gas remains essential for: o power system backup o heating o fertiliser and industrial processes 4) “New extraction won’t lower consumer bills” • It’s true that it does not directly set prices, but: o reduces price spikes and volatility o lowers reliance on high-cost LNG spot purchases o reduces system risk premiums • 2022 crisis driven by regional supply constraints, not absence of global supply 5) “Renewables and nuclear will replace gas by the time new fields come online” • Most projections show gas still in the mix into the 2030s+ (CCC / IEA) • Nuclear build timelines: 10–15+ years (we want these shortened, but we work with what we have) • Renewables require: o backup generation (currently gas) o major grid/storage expansion • Gas still needed for non-power uses (e.g. fertiliser) • Other countries will likely still need to buy oil & gas. We should be able to supply it to them.   6) “We’re running out of reserves anyway” This is entirely false. • UK Continental Shelf estimated to hold ~5–15 billion barrels of oil equivalent remaining(NSTA) , with 2.9 billion barrels of oil equivalent proven & probable reserves. • Falling production reflects: o policy o investment o licensing constraints Rather than any lack of resources   7) “Why more gas storage?” • UK storage capacity: o ~2% of annual demand o vs 15–25% in many European countries • Low storage → higher exposure to: o price spikes o supply shocks • Reduced flexibility since closure of Rough storage facility Gas storage serves to smooth out price volatility and contributes to security of supply.   Ultimately, it comes down to this: the Norwegians, Saudis, and Russians do not mind so much when oil & gas prices go up. They are selling the oil and gas. We could be too – and the profits would flow to British companies, British shareholders, British workers, and the British state. Why not have that instead of paying to import it our energy? We cannot let the myths overtake the narrative: let’s get rich.
Jardine Matheson Internationalist tweet media
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nigel biggar
nigel biggar@NigelBiggar·
He was an odd and egoistic man. But his troops adored him because he communicated to them their part in his strategy and he was careful with their lives. He was also a thorough planner—of El Alamein in 1942 and Normandy in 1944. Very flawed but still a hero.
Cdr Winter of the Antarctic@TimWinRN

@mikecosgrove45 @RevdPye @militaryhistori @KingsCanterbury @GilesMacDonogh @oldtoonloon @pirateirwin @EdnaKB2 @MargyMayell @MalcolmCGodfrey @theskibeagle @alanhinkes @NigelBiggar He would visit Westminster Abbey and quiz the choristers on his medals!😳

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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@JeremiahDJohns Cunning and tenacity of rats up close must be seen to be believed. They’re very good at assessing situations for “fight or flight” possibilities. If they decide to fight, beware!
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Jeremiah Johnson 🌐
Jeremiah Johnson 🌐@JeremiahDJohns·
Can't decide which is crazier - the guy who thinks he could beat a grizzly bear, or the guy who thinks he'd lose a fight to a rat.
Jeremiah Johnson 🌐 tweet media
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Dr Michael Copeman retweetledi
Daily Mail
Daily Mail@DailyMail·
Tories urge Olympic legend Sebastian Coe to enter race for London mayor - as new polling suggests he could run Labour's Sadiq Khan out of town trib.al/7oojD6x
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@Handre Was interesting that Buffett used to apply to the SEC for special permission NOT to notify the public when Berkshire Hathaway was in process of taking over a company. This denied others the ability to get in on the deal too, and make money. How’s that fair?
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Handre
Handre@Handre·
Buffett champions his namesake rule demanding higher taxes on the wealthy while structuring his entire estate to pay zero estate tax. He's pledged 99% of his wealth to the Buffett Foundation -- which his children will control after his death. Classic rent-seeking behavior disguised as virtue. The Oracle of Omaha gets permanent tax avoidance for his dynasty while pushing policies that crush middle-class business owners who can't afford $500/hour estate planning attorneys. You know what small business owners face when they die? Their families sell the company to pay the IRS. But Buffett's heirs get to play philanthropic kingmaker with $130 billion in perpetuity (tax-free, naturally) while lecturing everyone else about paying their fair share.
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Daniel Hannan
Daniel Hannan@DanielJHannan·
What would a Tory/Reform alliance be called? “Reservative” is terrible, and “Conform” is even worse. I have a solution. Combine Farage’s name with Kemi’s and you get both a party name and the reaction of the human rights lawyers when it wins: “Farkemi”.
Daniel Hannan tweet media
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@10DowningStreet @Keir_Starmer Wow. Labour are really into “bread and circuses” governing mode now. The focus groups on major issues must be appalling - so a distraction is needed. Starmer’s happy to comply.
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UK Prime Minister
UK Prime Minister@10DowningStreet·
Good news: we've secured The Crucible's future with investment to keep this iconic venue thriving. It’s a huge boost for the city’s cultural and sporting heritage, and a win for everyone who loves the theatre and snooker.
UK Prime Minister tweet media
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@afneil Our daughter, as an intern, once controlled the auto cue for a breakfast TV program. She joked she could make presenters ask any question she put on the autocue - just by pausing its scrolling on that question. Boy Bands got asked all sorts of embarrassing things …
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@Steven_Swinford Surely loss of a No.10 aide’s phone is a fairly major security incident? Presume there was a gap between theft and when phone was shut down remotely. Who knows what was accessed then? Details re Mandelson? Details re Starmer?
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Steven Swinford
Steven Swinford@Steven_Swinford·
Exclusive: Police did not investigate the theft of Morgan McSweeney’s phone because officers were “too busy”, despite the sensitivity of his messages and contacts Sir Keir Starmer’s former chief of staff told the Metropolitan police that his phone was stolen as he returned home from a restaurant in central London on October 20 last year The theft of the work device means that McSweeney’s WhatsApp messages and texts to Lord Mandelson, the former ambassador to the US, cannot be retrieved. It has led critics to question whether the phone was stolen The State of It, the political podcast from The Times and The Sunday Times, can disclose that McSweeney told police the phone was taken by a man wearing a balaclava on an electric bike. The man grabbed it out of his hand as McSweeney was responding to text messages and cycled off. McSweeney gave chase but was unable to keep up Scotland Yard has a record of the incident but did not carry out any formal investigation. Officers did not speak to McSweeney directly because they were too busy. He was given a crime reference number and the case was closed McSweeney reported the theft of his phone to No 10 and the device was shut off remotely. He was given a new device with the same number the next day. The theft of the phone was first reported by The Sun on Sunday thetimes.com/uk/politics/ar…
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Kobie Thatcher
Kobie Thatcher@KobieThatcher·
Ursula von der Leyen addressed Australian parliament today and praised the under-16s social media ban. "It is we parents who must raise our children, and not predatory, addictive algorithms." I think we should all be more worried about predatory governments and their censorship
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Dr Michael Copeman retweetledi
The Spectator
The Spectator@spectator·
Between Thursday and Sunday just gone, wind’s capacity factor averaged 13 per cent. The corresponding loss in generation compared to the same period a week previously was the same as switching off all of Britain’s nuclear power stations and cutting the undersea interconnectors to the Netherlands, Belgium, Norway, and France. The weather did this. Not Putin, corrupt petrostates, or greedy gas companies. Not the closing of the Strait of Hormuz, either. Calm winds can befall us any time because the atmosphere is indifferent to geopolitics. Relying on wind turbines to power a modern economy is self-imposed energy insecurity. ✍️ Tim Gregory Article | spectator.com/article/wind-p…
The Spectator tweet media
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@mgshanks Guess the focus group feedback on @Ed_Miliband was so bad, Labour have decided to put this guy up. Should do an intro “If you’re fed up with Red Ed, I’m here instead…”
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Michael Shanks MP
Michael Shanks MP@mgshanks·
Imagine if in your weekly shop, you could pick up plug-in solar panels that help save on your energy bills? Well, in some parts of Europe you can do just that. We’re working with industry to bring plug-in solar to UK shops within months.
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@JEChalmers Labor always find yet another draconian new law that, once on the statute books, will sort things out. Then a few years later another.
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Jim Chalmers MP
Jim Chalmers MP@JEChalmers·
Our new laws will double the penalties for false or misleading conduct and cartel behaviour to a maximum of $100 million per offence.
Jim Chalmers MP tweet media
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
@LilyDAmbrosioMP Businesses sadly are closing in Victoria, after years of Labor Govt that has little real interest in their success. Why not just admit it?
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Lily D'Ambrosio MP
Lily D'Ambrosio MP@LilyDAmbrosioMP·
Business’s just like Nomad Coffee in Truganina are looking at ways they can reduce their energy bills.
Lily D'Ambrosio MP tweet mediaLily D'Ambrosio MP tweet media
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Cameron Murray
Cameron Murray@DrCameronMurray·
Rising global coal and gas prices will create a windfall for Aussie producers. QLDers will get a larger cut of that windfall due to the variable royalties introduced by the previous Labor government. Download a working paper of mine about them here: fresheconomicthinking.com/api/v1/file/55…
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Dr Michael Copeman retweetledi
Senator Matt Canavan
Senator Matt Canavan@mattjcan·
Despite all the talk today of decarbonisation and Paris, Australia's biggest export to the EU - by far - remains ... COAL.
Senator Matt Canavan tweet media
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Dr Michael Copeman
Dr Michael Copeman@drmcopeman·
#auspol should reflect that the Greens, the Teals, two thirds of Labor, and a third of the Libs are all happy to see fossil fuels suddenly in short supply. They can’t wait for Net Zero.
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