Jump to content

Should we nationalise Manx Gas?


Aristotle

Should we nationalise gas?  

37 members have voted

You do not have permission to vote in this poll, or see the poll results. Please sign in or register to vote in this poll.

Recommended Posts

  • Replies 136
  • Created
  • Last Reply

Here's a table of the properties of water 

https://www.thermexcel.com/english/tables/eau_atm.htm

It will have taken patient work by probably hundreds of scientists to narrow down the properties to this accuracy. 

OMAF (Our Multiple Accounted Friend) please note the relevant thermodynamic characteristic is just temperature. It basically doesn't matter how it got to that temperature. The only wiggle room is that this is an equilibrium temperature and in highly non equilibrium conditions (superheating etc) this can be an approximation, but that is a special case and doesn't really apply to a pot or a kettle. 

Link to comment
Share on other sites

All I see are lots of numbers and big words. I think you're missing my actual point here, which is that different levels of inertia prior to reaching a specific temperature is almost certainly going to be a factor in the speed at which the water begins to cool down. I don't believe different levels of inertia would lead to the same speed of cooling.

Link to comment
Share on other sites

2 hours ago, woody2 said:

co-op's never work, as for nationalising see 1975......

Sorry, you’re right. I should have clarified. If we consider the available evidence co-ops work very well (if we define ‘working’ as being of benefit to those who form the collective), and are generally the most stable form of commercial organisation globally. In your head, they don’t work. Glad we cleared that up. 

Nationalised services also have a proven track record of success in some areas, which would indicate it is the application rather than the principle that counts. But again, I’m foisting facts upon you with little regard for your freedom of mind. 

As you were. 

Link to comment
Share on other sites

 

4 hours ago, Aristotle said:

different levels of inertia prior to reaching a specific temperature is almost certainly going to be a factor in the speed at which the water begins to cool down

What do you mean by inertia in this context- you need to define your terms. The speed with which you raise water to a temperature has basically no effect on how it will cool afterwards. 

The science of steam engines and steam turbines is very well understood. Temperature is temperature and that is what defines the energy in the water and what its density, enthalpy, change in entropy etc is. How it loses energy and hence temperature depends upon how well insulated it is from its environment and has very little do do with how it was raised to that temperature previously. 

 

Link to comment
Share on other sites

It is possible that the water in Aristotles house cools at a slower rate than normal due to the hot air he generates!!

 

Why would we want to nationalise gas supply?

Presumably to reduce prices?

MG operate at a 10% profit ( or thereabouts ), that does not leave much room for price reductions even if the Govt could operate as efficiently as MG.

Link to comment
Share on other sites

6 minutes ago, Phillip Dearden said:

It only leads to inflation if you print money to fund it. The IOM Govt. cannot do that.

Creating liquidity surely only inevitably leads to inflation if the govt (or bank) does not also take it back out of the system somewhere else? For example via equivalent taxation.

At the risk of sounding like John McDonnell, the UK govt actually could create liquidity by simply spending it. It's what the banks do currently via lending. Or at least some middle route where the govt actually collects the receipts.

Link to comment
Share on other sites

Unless the spending actually creates value it could drive up prices disproportionately - when countries go through oil booms etc there can be wasteful spending as people flush with cash make poor investment decisions.  The additional activity drives up demand and prices/wages but there is nothing to show for it afterwards.  Inflation isn't entirely a monetary phenomenon, it requires the monetary base to get out of kilter with the real economy.  You hence could have inflation in an economy where you can't print money, but that would require an investment boom or similar.  Some of the inflation during the VAT bubble may have been due to that, rather than importing it via the UK's monetary policy.

Link to comment
Share on other sites

2 hours ago, Kopek said:

It is possible that the water in Aristotles house cools at a slower rate than normal due to the hot air he generates!!

 

Why would we want to nationalise gas supply?

Presumably to reduce prices?

MG operate at a 10% profit ( or thereabouts ), that does not leave much room for price reductions even if the Govt could operate as efficiently as MG.

Surely it depends on what MUA are bringing it in for?

Why does the price rise by 100%+ when it turns hangar left at the T-Junction towards IoM? Just a question...

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.

×
×
  • Create New...