Nationalise The Energy Companies
The Owen Jones Podcast
00:00
Oil and Gas
The firms are able to generate these extraordinaries of winfull profits, because they can yank up t the cost because supply is inelastic. And there's been supply shocks because ofosof russia. Can a removing from the global or in gas market because of nos sanctions in the war in ukraine. But demand remains errelatively high. We steal ned oil and gas every day to because wee failed to get off quickly at motor renewables. Unless you wax them with the new taxes, they're not going to invests, not going to belse have the money to invest in those those clean endy yee minister, it's a good liene.
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