King Charles’s Climate Change Concordat with Macron

The new King has taken time from his busy schedule to catch-up with world leaders, with one in particular catching Guido’s attention. On a call yesterday to Emmanuel Macron, the French President committed to working with Charles to deal with common challenges “starting with the protection of the climate and the planet“. Co-conspirators will of course be aware of Charles’s meddling record on the environment and this does not augur well for the continued neutrality of the constitutional monarchy. From now on Charles should restrict his political views to his conversations with his plants. The King seems to be under the illusion that his environmental ideas are non-political…

mdi-timer 15 September 2022 @ 11:41 15 Sep 2022 @ 11:41 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Macron Replies to Truss’s Jibe

Macron replies to Liz’s comments on the French President at last night’s husting:

“The United Kingdom is a friendly nation, regardless of its leaders, sometimes in spite of its leaders”

mdi-timer 26 August 2022 @ 11:25 26 Aug 2022 @ 11:25 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
France’s EDF Nationalisation Proves No Easy Fix for Crisis

The usual characters on the left – Owen Jones, Novara, even Gordon Brown – are all singing from the same hymn sheet when it comes to the energy crisis: nationalise the energy companies, and this will all be fine. Apparently the UK is the only country to get this so wrong – Europe has the right answers…

Across the channel, Macron had the genius idea of fully nationalising the energy firm EDF and capping price rises at 4%. EDF now are suing the French state – or rather, French taxpayers – for around €8.4 billion for being forced to sell their energy at a loss. EDF predict the total losses for the year could reach as high as €15 billion, which will have to be picked up by taxpayers. So the amount households will consequently have to pick up through the tax system will be somewhere in the range of €300 to €500 per French household.

Not only that, Bloomberg reports France is facing an even darker winter than Germany, with EDF running just 26 of its 57 reactors, and the increasing reliance on gas and imported energy shooting wholesale prices through the roof. French forward pricing has shot up almost 1,000% since 2020…

Meanwhile Novara are bandying around charts claiming the UK is uniquely heading for disaster, with European customers shielded from the worst of it. Apparently German retail energy prices have only risen by 23% this year:

Guido’s not sure how Novara stumbled on these figures. According to Rystad Energy, the leading energy research and data analytics consultancy, European electricity bills alone have tripled in the last year…

Bloomberg also reports the total cost of Europe’s energy crisis could come to nearly €200 billion. A cost that one way or another eventually lands as a bill on European taxpayers’ doorsteps…

mdi-timer 11 August 2022 @ 16:35 11 Aug 2022 @ 16:35 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Friday Caption Contest (Train in Ukraine Edition)

mdi-timer 17 June 2022 @ 12:30 17 Jun 2022 @ 12:30 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
French Election Exit Poll Projects Macron Victory

Official exit poll results:

Emmanuel Macron: 58.2%

Marine Le Pen: 41.8%

A 16-point lead for Macron, versus a 32-point win back in 2017…

mdi-timer 24 April 2022 @ 19:02 24 Apr 2022 @ 19:02 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Macron Has Double Digit Lead According to Polls mdi-timer 23 April 2022 @ 15:51 23 Apr 2022 @ 15:51 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments Previous Page Next Page