Damien Jordan
๐ค SpeakerAppearances Over Time
Podcast Appearances
We're not independent in our gas production.
We got a question from jconner619.
You'll get used to the usernames.
They basically said, why are we not exploiting the natural resources that we have in the North Sea?
Could we not, you know...
get gas from there so that we don't have that dependency on the external market?
No, that's fine and perfectly valid.
And I appreciate it.
One thing that I want to speak about is you were speaking about the incentives of these companies.
And you regulate quite a specific slice of the energy chain.
But a lot of the people that you regulate in that slice operate across the whole chain.
So, you know, there's big businesses, Centrica.
They are whole, they've...
basically own the whole energy supply chain, yet you only have an influence over them in this little bit.
How can you correctly regulate these people so they're not just pushing the costs into other areas?
Because you will say, oh, we will only allow them to make a 3% profit.
This is what we build into the bill.
But then you hear record profits in other areas.
And I think the consumer just thinks...
they're having my pants down somewhere else, basically.