📺 | Labour Shadow Minister - 'If you look at France & how their energy bills went up last Winter it was a fraction of the UK [as they have] onshore wind'
❌ UK produces double its electricity from wind than France
Chancer politician is talking 𝗻𝗼𝗻𝘀𝗲𝗻𝘀𝗲 with @JuliaHB1
He wants to sit in the Cabinet with Keir Starmer after the next election and decide on the energy policy of the UK and quite frankly has little understanding of the facts he is talking about.
It is dangerous that people like this get into positions of influence.
In 2022 the UK produced around 80TWh of electricity from wind, France was just under 40TWH.
France uses more electricity overall than the UK but two-thirds from nuclear - which is why prices were lower and stable.
📈 | 58% of current inflation comes from Domestic fuel & utility costs, plus food.
❌ Bank of England cannot significantly impact demand by putting up interest rates as global factors are behind them and goods are necessary.
Lack of energy security why inflation is still high.
The Bank of England has just been adding to the woes of households through increasing costs associated with housing. This is through those with mortgages that come to and end, and those who rent privately when landlords' mortgages go up.