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Transcripts for BBCNEWS BBC News 20240604 09:52:00

Though we are overpaying, that could help the target for net zero. but at least now households are a little better informed about what exactly they are paying. when you look at they are paying. when you look at the wholesale price of gas, it used to be gas fired generation, it used to be gas fired generation, it used to be gas fired generation, it used to be £50 per megawatt hour. for years and years. then in 2021, it demanded surges when lockdown ended and rockets up to about £500 per megawatt hour. then it kind of wobbles around and then get worse as the war in ukraine comes along thus and now it s back down to about £147 per megawatt hour. so that is obviously a much bigger price than we have been used to paying, but nevertheless, it s come down but nevertheless, it s come down but nevertheless, we are still overpaying, according to carbon tracker we are overpaying by £7.2 billion and that works out at more than £250 per household. tqm. billion and that works out at more than � ....

Net Zero , Carbon Tracker , Andy Verity , Thank Ou , 2 Billion , 17 2 Billion ,

Transcripts for BBCNEWS BBC News 20240604 10:36:00

The prices that the energy retailers pay for their wholesale electricity depends what the price is on the market. but the way the market is structured, it is the most expensive form of electricity generation which sets the price for the entire market, for all the wholesale electricity generation done, whether gas fired or whether it comes from wind farms or nuclear. that means that if nuclear and wind farms are much cheaper than gas, well, we end up paying well over the cost of production for that generation. in some cases, three times as much. whereas gas fired generation, because the gas price has been spiking in the last couple of years, has been far more expensive. according to carbon tracker, they have done an analysis which shows we paid £7.2 billion. according to them, that is money we have over paid for our electricityjust because of the way the market is structured. the government would say they are consulting on this, ....

Energy Retailers , Electricity Generation , Wind Farms , Carbon Tracker , Gas Price , 2 Billion , 17 2 Billion ,

Transcripts for BBCNEWS BBC News 20240604 11:25:00

Until the end of february, while specialist police investigate allegations of human trafficking and rape. both men deny the charges. a short while ago.(00v). the pair arrived for the appeal ruling. if their appeal is successful, they will be released from preventative custody. the way electricity prices are set has pushed uk household bills up by £7.2 billion over two years, according to analysis from the not for profit climate think tank carbon tracker initiative. gas fired power stations are the most expensive way to generate electricity, but only make about 40% of all electricity used by uk homes. that means consumers are paying over the odds for power that is generated any other way. if you look at the price we pay for electricity, it depends on what our suppliers charge us. so those are the energy retailers, but they don t have a free hand. the price is that the energy retailers pay for their wholesale electricity depends on what the price is on the market. but the way the market ....

2 Billion , 17 2 Billion ,

Transcripts for FOXNEWS Cavuto Live 20240604 15:26:00

One thing taxpayers are curious about, what happened to that $64 billion that went to airlines for covid relief, particularly the $7.2 billion that went to southwest? and there you go. there s the issue. and i m so tired of it, and taxpayers are so tired of it. we want our money spent wisely, so just how think how cruel this is. taxpayers working their back off to pay their taxes, the money goes to bail out these airlines including southwest. instead of keeping hiring and keeping the people they are employing, they fire them, use the money for their own profits and don t even make sure that we have a good level of service. let me say something, it is time in america when we give money away concern. we shouldn t, god-help us all over the world, all over the country to all kinds of businesses, that we know where the money s going, how it s being spent and we insure that ....

Covid Relief , 364 Billion , 2 Billion , 4 Billion , 17 2 Billion , I Don T , U S , We Shouldn T , All Over The World ,

Transcripts for FOXNEWS FOX and Friends 20240604 12:43:00

Husband who lives here. she lives in l.a. the day after christmas she couldn t get a flight out southwest january 1st. southwest wasn t responding. there is the internal thing but in the larger scheme of things as democrat congressman ro khanna points out does pete buttigieg own this? he becomes the face of it right now. he does. right? i mean, the culprit here is the internal systems. the software that southwest airlines uses. even the head of their pilot s union came out and said this has been a major problem for decades. we literally cannot find and get the pilot to the plane with the crew. we can t get it together. that s why we have seen 15, 16,000 cancellations this week. so it is southwest s problem. but southwest also got $7.2 billion in taxpayer money. audit that now? how was that spent? why wasn t it given to investing in their own infrastructure to prevent a situation like this? but so far, pete buttigieg has ....

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