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The Snow Profits warnings

Tom Winnifrith Thursday 24 January 2013

 

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I am not a climate change sceptic. That is to say it is not that I doubt the theory of man made climate change. I am absolutely sure about it. The whole thing is complete and utter bollocks. And so, while it may cause some surprise round at the Met Office and the BBC, I am not that shocked that it is snowing and bloody cold in January. Weather happens. However, the political elite have been pretty much unanimous in their view that global warming is happening and have thus happily cut back on spending on things like gritters or flood prevention so that that they can piss away billions of quid of other folks’ money on subsidies for wind farms and solar panels.

The impact of these policy changes compounds the general trend of us all becoming more pathetic in the way we deal with the natural world: it is hard to imagine those who taught me thirty years ago bleating about a couple of inches of snow, citing “elf n’safey” and shutting the school down. In short I do expect the snow to have a material effect on the UK economy and you will see this with four categories of trading statement.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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Tom Winnifrith Bearcast: Shame on PWC & Numis, Hat tip Jim Mellon and ouzo for a vindicated Lucian Miers

Jim Mellon says he loves listrening to my podcasts and has sent over a very interesting article following the pulled We Work IPO which I discuss at length. The into PureCircle (PURE) which Lucian has called brilliantly, notably here. Yesterday’s shock warning tells us so much about the disgraceful apathy of folks like Numis and PWC when evidence of aggressive accounting was there for all to see over many years. I discuss another company shown to be swmming with no trunks. It will not be the last.

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