What Are You Doing To Mitigate The Impact Of War In The Ukraine ??

[The Samaritan]

We are heading for a financial armageddon. As always the main impacts are a few weeks after the event. Do you recall the early news of Covid but if took the reality of the lockdowns to kick the economy in its teeth.

 

[JohnD]

oh no, you're spouting more made-up nonsense again.

Can't you go and write it on a wall or something?

 

[The Samaritan]

The Moscow stock market was closed for the 6th day running and I can confirm it will be closed tomorrow.

 

[JohnD]

nobody asked you to.

 

[ajohn]

I can understand Ukraine not being too bothered about all of this.

I also have to understand that if something isn't done about it the same may happen again.

Catch 22 but I can't help wondering what parties engineered it in total or it just happened as it has appeared to do.

 

[The Samaritan]

nobody asked you to.

Stop trolling me,

 

[Justin Passing]

We'll be fine. Expand N Sea gas a bit.
Buy LPG from the middle east. We DO have the facilities to process it.
It will be available, because at the moment it mostly goes to China, who would actually prefer non LP gas but it costs more,
but now they'll be getting it from Russia
because we won't be getting it.

We SHOULD have announced a step up in wind turbine production by now, but that would need HMG getting their thumbs out of their rear ends.
Too busy being important with the rest of the world - well nearly, Canada and Holland...

 

[mattylad]

I have put the vodka bottle at the back of the cupboard and will not drink it until it's all over, I have also burnt my antique set of Russian stacking dolls.


Jokes aside, the best thing we can probably do is donate some money.
Basics etc. are needed but IMO money will get to them a lot quicker, stuff can be bought a lot closer to those that are lucky enough to get out of the country.

 

[Vinty]

You have noted over the last few days that diesel and petrol is going up
on an almost daily basis. Today, local station diesel at 177p lts and their premium diesel at 184p ltr. Petrol I think was at 174p. My son tells me a supermarket 5 mins drive is selling diesel at 159 and petrol 154p

Gas and electric prices shot up before the invasion and were due to go up another 20% in April and another possibly 20% Oct. However, the only thing for certain now is they may go up by a lot more.

The stock markets on the whole are crashing unless you are holding mining/oil shares along with those that make weapons or supply them.

The supermarket basket had been going up.

Holidays, we were planning breaks in Amsterdam and Paris now we are not sure.

People with mortgages are worried

What we have done is filled up all of our cars yesterday and that does save us a few quid as cars hold just under 90lts each I think.

We have not gone on a fixed dual fuel tariff atm as undecided and unsure what to do.

Lets all hope there is peace soon but even them the impacts will be felt for a long time to come.

Things are going to get a lot worse.
The tragedy is that these wounds to the economy are self inflicted.

 

[joe384]

Plenty of manure on here, so no need to worry, yet. Hopefully the fuel problem will be short lived-as long as the war is. I've not been using the car much lately so not noticed the cost, but have been told my gas/electric is going up vastly. Fuel prices are having a knock on effect on most things, expect Royal Mail and other delivery firms to put their prices up (that includes fast food delivery). Things are going to get worse, but will get better. But look on the bright side, thank God we're not in the same boat as Ukraine.
PS, not trying to be flippant, just chipper.

Yes you are right, can't imagine what's it's like having to leave your whole life and start again in another country (all assuming you can even get out safely in time)

The cost of things now just reminds me of 20 years ago in my early 20s, I had just started driving but I was on a very low wage (less than half the average salary) that I really couldn't afford to drive anywhere, and going out was a ridiculous expense.

Things are much better for the youth these days technically, minimum wage has tripled since then, while prices have gone up much less.

People who are not that careful with their money must surely be struggling now.

 

[The Samaritan]

Things are going to get a lot worse.
The tragedy is that these wounds to the economy are self inflicted.

Indeed.

I've noted with stock markets over the years when something major happens that is not totally unexpected like this scenario and covid, takes a while to sink in ie a few days for stocks/shares.

Increase if gas/elec/fuel for vehicles/industry = price increases all round for food, deliveries. manufacturing, transport, heating, farming, holidays, you name it.

People demanding we stop taking Russian oil/gas etc not going to happen but what may happen is that Putin may cut off supplies and then see what happens but I doubt it will happen.

 

[The Samaritan]

People who are not that careful with their money must surely be struggling now.

Sadly, too many people want to run before they can walk and take out loans after loan banking on overtime, being in work and health and don't consider the unexpected.

Said it before, the only money we have borrowed is for property and the rentals never stretched ourselves.

Times are worrying for most and the bastard's energy suppliers/utilities co's have are massively pushing up standing charges so even if you cant afford to turn on heat/lighting they **** you up with standing charges.

 

[ajohn]

We SHOULD have announced a step up in wind turbine production by

Mrs Green Party's answer to everything. She made some points on C4. It takes 25years to get a north sea oil/gas rig up and running. Pity about the time she stated but all do that. Followed by it takes 15years to get a nuke station running. Both times are dependent on effort put in. Both will take time. She says wind farms are much quicker. I wonder per mw/h. Another lot say for the cost of a nuke station similar energy levels can be obtained from solar. That is likely to be an exaggeration. We could probably grow mushrooms under them. Russia exports in excess of 30mt of steel a year. Not the only reason for increased price in all of these areas. The stuff has to be paid for by us the consumers along with the loan to construct them repayments. Hoping they are still of some use after that is paid back.

Nuke stations can produce electricity all of the time. The others can't so need storage. Loads of Dinorwigs maybe. The one we have can store 8..1 gwh. We use 287twh. A new low and a lot of that has been put down to led lighting. It peaked at 357. Some industries don't use clean energy. Coal figures. Gas too. Wind is more consistent than the sun so makes more sense but needs to account for low levels of wind. Battery storage. One UK company has been working on sodium sulphur for years. No idea how it is going but intended for this use. The sulphur needs to be molten. With sodium around putting out fires would be interesting.

Mrs Green also says insulate all houses, plenty of jobs. Insulating them???? A lot of house walls were designed to breath. Tricky problem as any air flow will reduce insulation.

Interesting comment I came across. Fact - pass. The USSR preferred to sell gas and oil and build nuke for themselves. Probably using the profits.

I toured some of France pre covid. Saw lots of wind generation about. Paintwork showed that it had been around far far longer than any of ours. Still ok though. Repainting with loads of them might be like the Forth bridge.

 

[wobs]

Mrs Green Party's answer to everything. She made some points on C4. It takes 25years to get a north sea oil/gas rig up and running. Pity about the time she stated but all do that. Followed by it takes 15years to get a nuke station running. Both times are dependent on effort put in. Both will take time. She says wind farms are much quicker. I wonder per mw/h. Another lot say for the cost of a nuke station similar energy levels can be obtained from solar. That is likely to be an exaggeration. We could probably grow mushrooms under them. Russia exports in excess of 30mt of steel a year. Not the only reason for increased price in all of these areas. The stuff has to be paid for by us the consumers along with the loan to construct them repayments. Hoping they are still of some use after that is paid back.

Plenty of off-shore wind turbines going from Hull. We need more nuke stations though.

Nuke stations can produce electricity all of the time. The others can't so need storage. Loads of Dinorwigs maybe. The one we have can store 8..1 gwh. We use 287twh. A new low and a lot of that has been put down to led lighting. It peaked at 357. Some industries don't use clean energy. Coal figures. Gas too. Wind is more consistent than the sun so makes more sense but needs to account for low levels of wind. Battery storage. One UK company has been working on sodium sulphur for years. No idea how it is going but intended for this use. The sulphur needs to be molten. With sodium around putting out fires would be interesting.

There's a limit to how much storage you can have before it becomes economically unviable. Some years ago, it was 18hrs. Now imagine we have a deep freeze like we had in Dec 2010, with little wind or sun.

Mrs Green also says insulate all houses, plenty of jobs. Insulating them???? A lot of house walls were designed to breath. Tricky problem as any air flow will reduce insulation.

Breathability is an important issue, but also Jevons Paradox. The more energy efficiency we have, the more emissions go up. Its good for the economy, and people end up spending money elsewhere, or use the more efficient thing more (eg. a warmer home).

I toured some of France pre covid. Saw lots of wind generation about. Paintwork showed that it had been around far far longer than any of ours. Still ok though. Repainting with loads of them might be like the Forth bridge.

The blades get damaged from lightening strikes, so need to get repaired with filler, and so start to look a bit rough after a number years. The towers and nacelles however are another issue. Perhaps use the same sort of paint that they use on the Forth Bridge now?

 

[AngleEyes]

I toured some of France pre covid. Saw lots of wind generation about. Paintwork showed that it had been around far far longer than any of ours. Still ok though. Repainting with loads of them might be like the Forth bridge.

Plenty of off-shore wind turbines going from Hull. We need more nuke stations though.

There's a limit to how much storage you can have before it becomes economically unviable. Some years ago, it was 18hrs. Now imagine we have a deep freeze like we had in Dec 2010, with little wind or sun.

Breathability is an important issue, but also Jevons Paradox. The more energy efficiency we have, the more emissions go up. Its good for the economy, and people end up spending money elsewhere, or use the more efficient thing more (eg. a warmer home).


The blades get damaged from lightening strikes, so need to get repaired with filler, and so start to look a bit rough after a number years. The towers and nacelles however are another issue. Perhaps use the same sort of paint that they use on the Forth Bridge now?

I agree with wobs. More nuclear generated power required.
France's nuclear power provides about 70% of its needs, UK's nuclear is only 16%
France's total fossil fuel supplied electricity is only 7.1%, whereas UK's is about 40% from fossil fuels.

https://assets.publishing.service.g...data/file/1032260/UK_Energy_in_Brief_2021.pdf

The electricity sector in France is dominated by its nuclear power, which accounted for 71.7% of total production in 2018, while renewables and fossil fuels accounted for 21.3% and 7.1%, respectively[1] (compare to 72.3% nuclear, 17.8% renewables and 8.6% fossil fuels in 2016)
https://en.wikipedia.org/wiki/Electricity_sector_in_France#:~:text=The electricity sector in France,% fossil fuels in 2016).
​

Also France exports more than double the amount of electricity than it imports.

https://en.wikipedia.org/wiki/Elect...rance_international_electricity_exchanges.svg​

​