These two statistics sum up how broken British society is: while BP are making £6.9bn worth of profits - a 14 year high - typical household energy bills are forecast to hit more than £3,600 a year.We should never have surrendered the natural monopoly of the energy industry to profiteers in the first place. We're joined by the incredible expert Mathew - Lawrence - founder and director of UK-based think tank Common Wealth - to explain why the industry is broken, why the energy company's arguments against more taxes are total bunk - and why we should bring the sector under public ownership for the sake of struggling families, a broken economy and society - and the future of the planet.Please subscribe - and help us take on the right wing media: https://patreon.com/owenjones84Support this show http://supporter.acast.com/the-owen-jones-podcast. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.