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Firms threaten to leave Britain… Samizdata urges state subsidy to speed their departure

It would be fair to say us folks at Samizdata can be depended on to oppose state subsidies for, well, almost everything. But when I read this:

Companies including Siemens, Alstom UK and Mitsubishi Power Systems wrote a candid letter to Ed Davey, the Energy Secretary, warning that a lack of decision-making and threats to relax key green targets “have caused us to reassess the level of political risk in the UK”.

My immediate response was “awesome! Now spend some tax money for their air fares to encourage the fuckers to leave sooner rather than later!”. The departure of rent seeking tax farming parasites is rarely a bad thing for the people whose taxes are being farmed.

So happy trails, guys!

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15 comments to Firms threaten to leave Britain… Samizdata urges state subsidy to speed their departure

  • More good news on the green front. I love it.

  • Laird

    I like the gif.

  • The real problem here is that the government itself has become so deluded by the watermelons that they can’t tell the difference between genuine tax contributors like Wolseley and the above rent seekers.

    The answer to all of this is not to buy the rent seekers tickets to leave, but to stop the rent.

    The sooner this CAGW idiocy is expunged from Western economies, the sooner we can get back to providing the goods and services that will GENUINELY end this recession / depression / slump.

  • RRS

    From the article cited:

    “. . . missing out on the opportunities of a global shift to a low-carbon economy.”

    Has something of the ring to it of:

    Missing out on the distribution of the advantages of poverty.

  • CaptDMO

    Nooooooooooooo….
    They’ll “restructure” their assets in the US!

    (ahem) I hear China “green” is this time of year.
    Hey! Holland/Caribian islands have been “doing” windmills since..like…forever!

  • 'Nuke' Gray

    But isn;t Britain going to get a huge influx of French refugees, tax exiles who don’t want to pay for Hollande’s hoodlumry? How’s that going?

  • Rob

    ‘bye fellas, it’s been a gas (though if you had your way there would be no gas).

    Good luck in your ‘more stable’ polity, wherever that is.

  • Paul Marks

    “Give us more Corporate Welfare, or we will leave”.

    Well it is nice for these companies to openly show how evil they are.

    If all business enterprises were like this (they are not) then the “libertarian” left would have a point.

  • But isn;t Britain going to get a huge influx of French refugees, tax exiles who don’t want to pay for Hollande’s hoodlumry? How’s that going?

    Fabulous! I look forward to even more high quality French restaurants and cafes popping up in the Kensington/Chelsea area around the Ecole Charles de Gaulle. Send more please!

  • 'Nuke' Gray

    Apparently, the man for all sessions, a.k.a. Boris “the Mayor” Johnson, is also encouraging Frenchies to move to London. But have any actually made the move, or is this all about good-looking press releases?

  • Johnathan Pearce

    Nuke, there are loads of wealthy French people looking to live in Britain. In the wealth management industry, it is a big trend.

    In south London, at least one new school is being built for French children. The Lycees in London are over-subscribed.

  • But have any actually made the move, or is this all about good-looking press releases?

    In my part of London you cannot throw a baguette without without bopping a Frog in the head.

  • 'Nuke' Gray

    That would be a waste of a good baguette, but you don’t have to throw the good ones!

  • BigFatFlyingBloke

    This all about Carbon Capture & Storage those three have invested very heavily in it.

    In the past year there were several large projects cancelled because the government pulled funding and the time-frame for the project that was started up again could best be described as “long” and the likelihood of realization as “not good”.

  • Fred the Fourth

    Scene: Roomful of small investors discussing a presentation made by a wind-power startup.
    Me: “It looks to me like their business is only viable because of state subsidies, so what we’re really thinking of investing in here is the stability of the California legislature.”
    Dead silence.
    Moderator: “OK, next?”