CLIMATE DIPLOMACY

The crisis in the Ukraine makes the increase in home based green energy a no brainer.

The present race to stagflation is caused by the high cost of raw materials and the disruption of the supply chain. The NZSG would be being more practical if they demanded that prices were reduced as soon as the supply chain reverts to normal. Maybe the threat of a tax on profits could be sweetened by a caveat allowing investment in proven green technology (and the tax break only allowed once the investment has been made – no more lies from BP and Shell and similar).

I have been considering the advantages of stagflation! Wages go up but productivity does not = profits down. How will companies respond? – by sacking workers to maintain their profits. Therefore there needs to be legislation or a change in the public mindset to prevent this. Commentators seem united in fearing stagflation – it is just another fantasy word from the sci-fi economics world of capitalism. The public have been treated like ignorant twits for too long.

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