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b4mbi

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Everything posted by b4mbi

  1. Having said all that, if they can somehow make it work (without substantial government cash) I'd be all for it!
  2. That indeed was my assessment. Laughable the hysteria about this from the nimbys. The promoters don't even own the land, haven't put in for planning permission and haven't issued a credible business plan with financials that stack up!! The only way this is happening is an exceedly wealthy benefactor who doesn't mind burning £75m for no return. I can count the number of those around on the fingers of Jamie Lannister's right hand. Private equity won't touch it unless promoters prove they can make 12%++ p.a. And Government won't throw endless millions at it either. They may facilitate it perhaps somehow, but definitely won't underwrite it financially.
  3. Surely, can't do wright for doing wrong!
  4. You clearly don't understand how numbers work.
  5. And according to mua chairman response to MHKs in the link you didn't read, it could potentially last till 2050 - another 30 years.
  6. Reducing our already insubstantial greenhouse gas emissions further will make no difference whatsoever in a global context. Of course I support sustainability initiatives like beach buddies, reducing plastic usage, recycling etc The power station is good for at least another 15 years.See here
  7. So still £100m then. And good luck with planning. The isle of man has zero power or influence on the international stage which is where issues like climate change could be addressed. So quite what we are supposed to do other than sit around and try to live as sustainably as possible within our limited means, I have no clue.
  8. All very well saying the Island should be proactive and a world leader in environmental issues, but specifically in what? How would it be done? and who funds it? The point I'm making is our emissions are already negligible and to reduce them by 80% would require enormous sums of taxpayers money to be spent on massive infrastructure projects. For example: 93MW installed capacity - 11 wind turbines in Aberdeen - reported project cost £300m - producing 312GWh of electricity annually. Approx. Isle of Man consumption 360GWh from page 19 of MUA annual report 2017/18 here. And how do you balance that load when wind doesn't blow? more £££ Further, there's £430m of debt outstanding in MUA (£262m to bondholders and £165m to Treasury) (page 49 of same report) (and that's after Government writing off £95m of what it was owed), which so far MUA have saved £59m towards the bond repayments in 2030 & 2034. And there's your answer about why we won't be building any windfarms soon - unless the Government generates sufficient revenues via hydrocarbon taxes associated with exploitation of the natural gas fields in our waters.
  9. By going on the ferris wheel ? by knocking some coconuts over?
  10. Hmm. Isle of Man (from CoMin report) 47,000t CO2 annual man made emissions Combined EU from top 10 https://www.bbc.co.uk/news/business-47783992 = approx. 185,000,000t CO2 man made emissions (presume annual, but BBC reporting standards don't go that far) However, looks like ALL contributory greenhouse gases are measured by CO2e (CO2 equivalent tons output per annum), the Island's 1990 levels of emissions of which have been extrapolated backwards from a 2015 consultants report at 616,000t (para 1.9 here) Equivalent figure for EEA in 1990 here 5,720,000,000t 0.01% of EU greenhouse C02e emissions - on extrapolated data in 1990 Global estimate for 1990 CO2e emissions 38 Gigatons (IPCC report p42 here) or 38,000,000,000t Isle of Man 0.0016% of global CO2e emissions. - well worth getting our knickers in a twist about.... and bear in mind IOM emissions from 1990 were probably inflated, as most of our power was generated by diesel oil then rather than much more efficient and less emitting CC Gas Turbine Generators we have currently.
  11. Went past Groudle wheel 2 weeks ago. It looks decidedly unfixed, and in fact like the whole wheelhouse structure is imminently going to collapse into the river.. Rotten timber and rusty, buckled ironwork supporting it... Imagine if that happens, Onchan will have to declare a global environmental emergency (like Braddan just have...) and the blame game will start spinning it's circular arguments again. Why not install an electricity generator in the wheel that powers some lights down the glen and the railway lights/buildings? DEFA have done a pretty good job of reinstating the pathway down the glen. Why is it so difficult to get things done?
  12. A bit vain, I know, but I'd like to quote myself from the other thread... Isle of Man currently contributes 0.00013% of global CO2 emissions....a 50% reduction in our emissions (at cost£££??) would take us down to 0.000065% I think most people would agree we should look to sustainable energy generation in the future. We should be radical and a shining example of how to run a country sustainably in terms of energy/agriculture/plastics etc. But the big question is how to do it? It will need paying for, and renewable sources are not on-demand, so you also need some form of energy capture/storage. The gas in our waters is the only way Govt can get sufficient funding required to invest in renewables (tidal/wind) whilst managing our own energy requirements during the transition phase.
  13. Dante's inferno - the ninth circle of hell- complex fraud. Yes, I know about Louis group....
  14. Get some help. This is bordering on mental illness.
  15. there's a disused swimming pool at the Golf links?!
  16. Derbyhaven springs to mind...
  17. I wish there was some perspective in this debate - CO2 emissions aren't the whole story of the man-made element of climate change of course but it's likely a major contributory factor to warming. According to this report, (admittedly from 2011, but can't imagine it's changed significantly since then) Isle of Man CO2 emissions were 47,000t. Of course we should seek to minimise this in whatever way we can. Say we managed a 50% reduction, 23,500t. Nice info graphic here on coal fired power stations - figures for ONE coal fired power station in UK - Drax Power Station UK - 2,700,000t CO2 emissions. China spending $36Bn on coal fired power - here Our emissions are not even a drop in the ocean if this site claiming global emissions in 2018 of CO2 are 37.15 Billion tonnes or 37,150,000,000t So the Isle of Man currently contributes 0.00013% of global CO2 emissions....a 50% reduction in our emissions (at cost£££??) would take us down to 0.000065% Listened to the new Green party leader last night on the radio, and I think most people would agree with their point that we should look to sustainable energy generation in the future. Gizo, I agree with your point, we should be radical and a shining example of how to run a country sustainably in terms of energy/agriculture/plastics etc. But the big question is how to do it? It will need paying for, and renewable sources are not on-demand, so you also need some form of energy capture/storage. The gas in our waters is the only way Govt can get sufficient funding required to invest in renewables (tidal/wind) whilst managing our own energy requirements during the transition phase.
  18. Hmm. Man operates business for 20+ years in a building that he doesn't own and over which he refuses to sign a lease agreement, and is paying rent at well below what could be achieved. What would you do as owner of the property? I do have sympathy with him, but it doesn't sound like he's been overly co-operative in trying to find amicable solution.. Why would owner fix/maintain premises without written lease agreement about who's responsible for what?
  19. Heard of these guys somewhere before...….
  20. All as clear as mud... that guidance indicates that UK cannot legislate for us directly without our agreement. So if we don't agree to a public beneficial ownership register, on the grounds that we already have an effective, regulated beneficial ownership register fully accessible to law enforcement, public registers not international norm, can UK really enforce this "nosey parkers charter" on us? What happened to privacy?
  21. I have no fb account but still got a similar message on email. Showed it to the wife, but she said she'd seen it all before
  22. Maybe IOMG should buy Condor too A Crown Dependencies Shipping Line.... #strongertogether
  23. Isn't situation that effectively calmac is state owned and therefore were forced to build in Scotland, to support the ship building industry that had long departed for eastern/more efficient/cheaper yards? Yards claiming there were numerous design changes along the way increasing costs.. Goverment procurement fiasco shocker!! (And not ours for once!) However, tend to agree you're only getting one new vessel with £70m, and as the Thames consultant says, should look to build another with someone like Condor, who are also in need of replacement tonnage, to reduce unit price and share design costs. Vital you get the vessel specification right from the start...
  24. FUNDING!!! Where's the money coming from?!! Very little mention in the videos. The promoter admitted in the interview the annual berthing fees would only be around £1.2m. Web site says cost £100m for the project. Web site says 200 flats. Sales revenue at £150k each is £30m max. Says it would be a phased build, so that £30m doesn't come back quickly. Where's the other £70m coming from??? It doesn't stack up, I won't be investing. I'm out.
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