dave161256.bsky.social
@dave161256.bsky.social
I hope that you are right but there have been more than 100 studies that have clearly shown that hydrogen should play no part in home heating so I find it shocking that the government has not yet excuded the idea of using hydrogen.
January 21, 2026 at 12:43 PM
Page 91:
"We will consult in due course on our assessment of whether hydrogen should have any role in heating our homes in the future."
Is this just scientific illiteracy or a sign of the power of lobbyists?
assets.publishing.service.gov.uk/media/696f8a...
assets.publishing.service.gov.uk
January 21, 2026 at 12:19 PM
MMT describes how government finances work and have worked for decades. It is not a set of policies. What MMT does is expose the lies that neoliberals have used for decades to justify austerity and privatisation. To find out more read 'The Deficit Myth' by Stephanie Kelton.
January 20, 2026 at 8:13 AM
1/4 of UK homes are situated above disused coal mines that are now full of warm water that would be an ideal heat source for district heating systems as they have in Gateshead.
www.miningremediation.co.uk/major-grant-...
Mine water energy scheme at Gateshead: The Mining Remediation Authority
Gateshead Council has been awarded a grant of almost £6m, which will target utilisation of warm water from the extensive network of old mine workings 150m below the town.
www.miningremediation.co.uk
January 19, 2026 at 4:14 PM
Any house that can be heated by a gas boiler can be heated just as well (if not better) by a well-installed heat pump. The age of the house doesn't matter.
www.heatgeek.com
Heat Geek - Heat pump installs from the world's best installers
Heat Geek makes it easy for homeowners to save money on their bills with AI designed, efficient heat pump systems.
www.heatgeek.com
January 19, 2026 at 4:11 PM
Only about 1% of homes in the UK have a heat pump so you and I are amongst the early adopters. Any new technology is expensive for early adopters but they are an essential part of growing a market that will significantly reduce the price in future.
January 19, 2026 at 4:00 PM
It sounds like you need to ask a Heat Geek installer to come and sort out your heat pump because any home that can be heated by a gas boiler can be heated just as well (if not better) by a well installed heat pump.
www.heatgeek.com
Heat Geek - Heat pump installs from the world's best installers
Heat Geek makes it easy for homeowners to save money on their bills with AI designed, efficient heat pump systems.
www.heatgeek.com
January 19, 2026 at 3:42 PM
With the US spending so much on its military, the question is, who or what is all that money being spend to defend?
www.youtube.com/watch?v=7Yqd...
If We Destroy Society to Pay for Defence, Who Are We Actually Defending?
YouTube video by Richard J Murphy
www.youtube.com
January 18, 2026 at 10:00 AM
Once more people underatand that the government can always afford anything it wants to do (so long as the resources exist to do it) ideas that benefit people like free public transport will become possible.
#MMT
January 17, 2026 at 10:28 AM
Why not free bus travel for everybody?
January 17, 2026 at 10:22 AM
But, as Lord Keynes said, anything we (the government) can do, we can afford.
#MMT
January 17, 2026 at 10:21 AM
The article doesn't consider the increase in productivity of a job guarantee and doesn't consider the effect on employment in the private sector of a jobs guarantee.
January 16, 2026 at 2:37 PM
The article argues that UBI together with inflation erodes extreme wealth but it assumes that the wealth is fixed whereas extreme wealth usually grows faster than inflation.
January 16, 2026 at 2:35 PM
Government spending is the process that creates money.
January 16, 2026 at 12:30 PM
Money creation isn't something the government does occasionally, money creation happens all day every. All government spending is newly created money.

The sale of bonds by the BoE is better thought of as a very safe savings scheme.
January 16, 2026 at 12:29 PM
QE is not what MMT is describing. MMT shows that all government spending is newly created money so, that is money for the NHS, schools, social care as well as money for publicly owned infrastructure which the wealthy could not own.
January 16, 2026 at 12:25 PM
Are you assuming that taxation funds government spending?
#MMT
January 16, 2026 at 11:28 AM
I charge my EV at home on Intelligent Octopus Go at 7p/kWh giving a running cost of about 2p/mile. If the suggested 3p/mile tax is introduced my running cost will increase to 5p/mile which is still much less than the 17p/mile it costs to run a petrol car.
January 16, 2026 at 8:26 AM
The #MMT description of government finances prefers a job guarantee to UBI because it ensures that the increase in government spending would result in an increase in resources that are available to buy to prevent the additional money causing inflation.
mmt101.substack.com/p/universal-...
Universal Basic Income (UBI) versus The Job Guarantee (JG)? Which One Is Best?
MMT Economics: Fighting Poverty & Inequality: Universal Basic Income vs. the Job Guarantee Program from a Modern Monetary Theory (MMT) perspective.
mmt101.substack.com
January 16, 2026 at 8:02 AM
What #MMT tells us is that the government creates new money as it spends. Most of that money then returns as tax. The tax we pay doesn't fund government spending (all tax collected is destroyed/deleted).
www.youtube.com/watch?v=IHxl...
The Power of the Pound
YouTube video by POTP
www.youtube.com
January 16, 2026 at 7:38 AM
It is true that all of the additional costs have been added to electricity and these need to be migrated to gas.
January 16, 2026 at 12:12 AM
In his analysis he missed the bit where the UK is more dependent on gas to generate electricity than other European countries (many of which still use coal) so gas is setting the wholesale price more often in the UK than elsewhere.
January 16, 2026 at 12:11 AM
That may be true but the guaranteed price paid to wind generators is significantly less than the wholesale price of electricity generated by gas power stations.
January 15, 2026 at 3:53 PM
David King seems to be overy enthusiastic for geoengineering si-fi solutions to climate change that will only serve to continue the extraction and burning of FFs. We need to focus on what we know works and we need massive government investment to transition our society now.
April 8, 2025 at 12:10 PM