Anorak

Anorak | Idiot governments and renewable power: the subsidy strike prices shambles

Idiot governments and renewable power: the subsidy strike prices shambles

by | 21st, September 2013

OK, so, let’s say that all this concern about climate change is correct. It’s happening, we’re responsible and we’ve got to do something about it. OK, fine, so, what should we be doing?

Well, obviously, we should be trying to find methods of producing electricity that doesn’t involve carbon emissions. This isn’t particularly sophisticated logic after all.

There are also various types of low carbon electricity, some more expensive than others. We’d clearly like to have more of the cheaper stuff and less of the more expensive. So, how would we do this? All of them require a subsidy but how do we get more of the cheaper and less of the more expensive?

Have just the one subsidy. That subsidy level, whatever it is, being high enough to get as much renewable electricity as we desire to have.

You have already read 1 premium article for free today
Access immediately the premium content with Multipass

Or come back tomorrow



Posted: 21st, September 2013 | In: Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink