Member Info for asimpleinvestor

@skier1 quote "A recent study showed around 90% of all UK cash and profit and job benefits for windmills and solar this century have flowed abroad to China, Denmark and Germany, who make the kit. Just a tiny (and insignificant) 10% benefitted the UK."

I can't find that study you quoted can you post a link as I'd be interested in reading it and adding it to my library. The information I have suggests the following:

Turbine/Panel Manufacturing < 15% Primary Beneficiaries China, Denmark, Germany

Development & Planning +80% Primary Beneficiaries UK (Consultancies, Legal, Surveyors

Operations & Maintenance +75% Primary Beneficiaries UK (Local ports and technical staff)

Project Ownership/Profit Variable Primary Beneficiaries Denmark, Norway, Spain, France, UK

The "insignificant 10%" figure cited in your claim is lower than official data for the lifecycle of these projects, as it overlooks Operations and Maintenance (O&M):

The Offshore Wind Industry Council (OWIC) reported that UK domestic content for offshore wind reached approximately 48% in 2021. However, this includes "soft" costs like development, insurance, and long-term maintenance rather than just the initial manufacturing.

Employment: Data from the Office for National Statistics (ONS) released in February 2026 indicates that the Low Carbon and Renewable Energy Economy (LCREE) supported over 300,000 full-time equivalent (FTE) jobs in 2025. These roles are primarily in installation, maintenance, and project management, which must be performed locally.

Much of the "profit" from UK wind farms does flow to foreign state-owned or private entities, such as Ørsted (Denmark), Vattenfall (Sweden), and Iberdrola (Spain), who own and operate many of the UK's largest sites. However, many smaller onshore sites are UK owned.

Historically, the UK has lacked a domestic large-scale turbine manufacturer. Leading firms such as Vestas (Denmark) and Siemens Gamesa (Germany/Spain) dominate the market. While Siemens Gamesa has a blade factory in Hull and Vestas has a facility on the Isle of Wight, the high-value components (nacelles and generators) are frequently imported.

Solar PV: China currently controls approximately 80% of the global solar supply chain, including polysilicon, wafers, and cells. Almost all solar panels installed in the UK are manufactured in East Asia.

The "Kit" Drain: Research by groups like the IPPR (Institute for Public Policy Research) has highlighted that without a robust industrial strategy, up to 80–90% of capital expenditure (CAPEX) on equipment can leave the UK, particularly for offshore wind projects where specialized vessels and heavy foundations are often sourced from Europe or Asia.

@ollycromwell Lets take your points one at a time and see where it leads..

1) As usual , you ignore my points and as i have mentioned before , the verbal diarrhoea you choose to answer with is full of mistakes

Nope I covered the points in your post and replaced them with facts. If there are mistakes you have chosen not to correct them or indeed suggest what they are therefore one can only assume there is nothing to correct.

2) i notice you talk down to most on here , the least you can do is research your answer first .

I make it a point to research subjects I know nothing about and share knowledge of those I am experienced in or of. I don't talk down I educate the ignorant. You choose the direction you take not I.

3 & 4)"Oil is traded internationally " , really . --" It takes months or even years to locate , drill and start pumping from new wells "

Both these points are factually accurate and with the latter point thats assuming you have access to a deep sea drilling platform, as these are booked months in advance. Having half a dozen oil exploration shares gives you an insight into what is involved in oil exploration.

5) Why are you talking about new wells ?

Because current wells are already producing and to increase production they can increase flow without permission. The contention is over new licenses to new fields for exploration which entail deep sea surveys, deep sea drilling etc as stated previously all of which takes time. Of course, if you knew anything of the oil & gas sector you would be aware of this already.

6) What about the existing wells that the majors have walked away from

Wells are sealed & capped and as they're deep sea wells the only option you have is to drill a new well. If they don't seal a well, you would have an environmental catastrophe especially in somewhere like the North Sea or West of Shetland.

7) ASI world expert on everything ,

Far from it, I still have a lot to learn, but I make it a point to learn something new every day because I enjoy it. When it comes to my past work, I’ve always made sure I was good at what I did, and with my investments, I ensure I do my due diligence and learn as much as I can about the sectors I invest in. I don’t just randomly pick a stock and buy it.

@ollycromwell Trump is to blame for our high fuel prices, starting from the moment he attacked Iran without considering their potential response. He was warned about the consequences, ignored the advice, and proceeded without any strategic planning. Suggesting that expanding our own oil production would lower prices is wrong, as doing so would require nationalizing the fields under the UK’s control and using the oil domestically, which isn’t the case. Oil is traded internationally, so no matter how much we produce, prices are set by the global market. Over 80% of North Sea oil is exported, so it wouldn’t make any real difference at the pump. On top of that, it takes months or even years to locate, drill, and start pumping from new wells, but our problem is immediate.

@Eightyeight88 Only lithium I have is in a battery. What's it like as a medication you appear to be speaking from experience.

@Eightyeight88 If Iran didn’t have the upper hand, the US wouldn’t be negotiating with them. The war has reached a stage of attrition, and whoever can hold out the longest will ultimately win. The longer Iran controls the Straits, the longer they maintain their advantage. The only way for the US to take control is through a ground assault, but given the vast area, that would likely turn into another Vietnam when you consider the land is three times the size of France and the Straits would remain restricted or closed for years and ultimately a similar outcome would occur. So, the only real path to a timely resolution is through a deal and Trump needs an end to hostilities and fast. It’s not about liking or disliking Iran, America, or Israel; it’s about understanding strategy.

@Dorfan On 11th April 2026, the UK government announced it would not proceed with the legislation required to implement the treaty signed in May 2025.

"Why don't you just list them for us..2

I’m doing pretty well with helium stocks right now, thanks to the war tightening supply after the bombings of gas hubs cut helium availability by 33% for the next 3–5 years during repairs. Prices have already doubled in the past few weeks and are expected to triple in the coming months. Take that as you will.

Market capitalisation is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the total number of shares in circulation. This figure fluctuates continuously based on the supply and demand for the stock, which is driven by investor sentiment regarding the company’s current performance and future prospects. While asset ownership can bolster confidence in future profitability and attract buyers to push the market cap higher, it does not factor into the calculation directly. If assets underperform or if corporate debts outweigh holdings, the share price may decline regardless of the company's physical infrastructure.

Beyond external market forces, internal corporate actions that alter the share count also impact market capitalisation. Issuing new shares increases the total supply, which can dilute the share price if investors are not convinced the new capital will be deployed effectively. Conversely, share buybacks reduce the number of shares in circulation, which often supports a higher price per share by concentrating ownership.

This market-driven figure is distinct from book value, which represents the net value of a company's assets as recorded on its balance sheet. Market capitalisation often exceeds book value because it incorporates intangible elements such as brand equity, growth potential, and proprietary technology factors that are not always captured in raw accounting data. Ultimately, assets only influence market capitalisation indirectly by shifting the market's perception of the company's total worth.

Market cap is what really matters to shareholders, especially with dilution on the horizon, rather than the value of the assets. It’s not just the base product that’s seen a temporary boost in value the production costs across the sector have also skyrocketed. The key difference is that oil prices are only temporarily high, while production costs are likely to remain elevated.

@troublesome That road is a public right of way, which is why it’s maintained by the council, but it’s the only one. The other roads on the estate are controlled by the estate. The maintenance responsibility shifted to the council in 1964 when the previous owner signed it over due to the heavy traffic using it as a shortcut, cutting off 9 miles from an alternative route between points. In so far as ownership is concerned the council only own the top layer that makes up the road. The land beneath belongs to the estate.

@troublesome The only connection I know for the phrase Eightyeight88 is a Korean skiwear and snowboarding brand, from which I own a pair of salopettes. I doubt that’s the reference here, but people’s usernames can be pretty intriguing, can’t they?

The road out of the estate is a council-maintained, four-mile stretch running from one boundary to the other, with our house roughly in the middle. It’s a single track all the way between two B roads. We complain about its condition regularly, but it’s rarely fixed. The last time it got this bad, we threatened them with a Section 56 Notice, and they repaired it soon after. We’re thinking of doing the same again, either that or applying for a Stopping Up Order and taking control of the road, as the estate owns the land the road sits upon.

@Eightyeight88 I filtered you for a while because you spent a good while talking nothing but right wing rac15t BS and don't like racism of any kind. You've toned down since the moderator warned everybody off. I just didn't inform you when I unfiltered you.

Your wife likes a good laugh have her explain to you what Chromosome 16p11.13 Microdeletion Syndrome and 4-Mb deletion of chromosome 15q11-q13 showing as Angelman syndrome are then tell me again that I don't have a daughter that I care for with them.

Wow, now you’re bringing my daughter into this, claiming she isn’t disabled, along with other unfounded claims. If anyone needs help, it’s the one making allegations without evidence.

If it’s a fact, back it up; otherwise, it’s just an unfounded claim. Calling me a pathological liar is also an accusation that’s baseless and without substance unless of course you can back it up with factual evidence. Can you?

Call me arrogant if you like, but it doesn’t change the procedures the NHS follows for new applicants. Those already part of the NHS family are treated differently since most of their information is already on file, except for any new qualifications needed for the new role, if applicable.

I use AI for certain topics, but for others I’m well-versed and don’t need it. I also double-check any information I’m unsure about to ensure it’s up to date. This is called doing due diligence, and it’s something you could try yourself to avoid needing frequent corrections.

I took on a on a part-time role with the NHS as a Biomedical Pharmacologist on a temporary contract, covering for someone on maternity leave for a few months last year. No matter who you claim to have spoken to, the procedures are set in stone for security reasons. In our extended family, we have seven members working in different NHS departments across the country.

I forgot to mention, if an applicant isn't a UK national other forms of identification are also required, checked and kept on file including proof of their right to work within the UK, Biometric Residence Permit (BRP) number, Biometric Residence Card (BRC) number, Passport or National Identity Card, Professional Registrations, Certificate of Sponsorship (CoS), Overseas Criminal Record Certificate and TB test results. I would recommend you talk to your family members both young and old and verify the information you share because the information I share can be verified instantly with any NHS Trust in the country as well as the BMC

@harleygreen If the house is empty and in probate you can get 12 months of council tax free.

"Honest to goodness there are pensioners out there not able to afford Oil to heat water and keep warm and we are still handing out Mobile phones , food and Hotel rooms ..Instant medical care .... "

Some people here have issues with those receiving benefits, so wouldn’t mind in this case since pensioners who can’t afford oil to heat water already get benefits in the form of the state pension, so they’d be happy. As for undocumented immigrants, their expenses come from the Foreign Aid budget, so if it wasn’t spent here, it would just be sent abroad anyway.