Duncan Bamford
duncanbamford.bsky.social
Duncan Bamford
@duncanbamford.bsky.social
Socialism, Equality, Anti-Racism, Conservation & Habitat Recovery, Environment & Climate Activism, Art & Music.
Burns old growth forest from Canada in our UK plant. The rarest & oldest in the world. Environmentally sustainable? No. Just another grubby energy company, interested only in profit. Whilst we have our own paltry plans to plant trees here in the UK, we pay them to trash the Canadian wilderness.
Corporate Welfare

The owner of the Drax power reported £1.06bn pre-tax profit, its highest ever.

Burns wood to produce UK electricity.

Receives subsidies - will add up to £10bn from 2012 to 2027.

Money straight from public purse to shareholders.

Scam on every count.
Drax power plant owner lands record £1bn profits amid biomass row
It comes only weeks after government said biomass subsidies allowed Drax Group to make ‘unacceptably large profits’
www.theguardian.com
February 27, 2025 at 9:59 AM
Reposted by Duncan Bamford
Remember this, 60% of benefits go to pensioners, of the other 40%, 40% goes to people who work but are underpaid.

When they are talking about reducing benefits they are talking about your pension/child benefits/child tax credits...

Because that is nearly 80% of it.
November 28, 2024 at 12:00 PM