producer of renewable energy and also renewable energy technology as there has to be a balance well. there has to be a balance struck. and also great demand for that gas. joe biden has been trying to get this out is to increase output by 2 million baylor. barrels of oil a day. they are holding back on that because they want to keep energy prices elevated. unless people are saying they want to go down a road where they have potential blackouts, we need to be having energy security in some sort of form. it s not ideal, we need to wean ourselves off gas, but we do need to also recognise that we have to have baseload power. renewables at the moment, intermittent power to him and you cannot rely on intermittent power, and that s why you need baseload, nuclear gas to
understand that it needs to be managed and you need to be mindful of your managed and you need to be mindful of your security, particularly when it comes of your security, particularly when it comes to of your security, particularly when it comes to the issue of dealing with baseload and i think with baseload power and i think that s with baseload power and i think that s why it s important the government is taking charge of the nuclear government is taking charge of the nuclear issue at size 12 c, which at the moment, i don t think has been shelled, the moment, idon t think has been shelled, but the moment, i don t think has been shelled, but we will see what happens shelled, but we will see what happens on that november 17 statement. at happens on that november 17 statement- happens on that november 17 statement. , ., , ., , statement. at the ft story on this kind of picks statement. at the ft story on this kind of picks up statement. at the ft story on this kind of
businesses. joining me now is russ mould, who s the investment director at aj bell. this sounds like quite an ambitious and quite an expensive package of support. do you think it will do the trick? it do you think it will do the trick? , , ., , ., do you think it will do the trick? , , ., ., trick? it depends what you want the trick to trick? it depends what you want the trick to be. trick? it depends what you want the trick to be. if trick? it depends what you want the trick to be. if you trick? it depends what you want the trick to be. if you are - the trick to be. if you are looking for it to help businesses and consumers and households in the short term, i think probably. it s a 65 billion euros or nearly $65 billion euros or nearly $65 billion programme funded by, to a large degree, windfall taxes on energy providers. so there will be immediate short term assistance to households and businesses who are struggling. but the long term problem is at the moment, there is not en