And when the wind doesn’t blow?
3 September 2007
Electricity prices may rise by 50% because the UK isn’t as windy as the developers claimed when getting their large government subsidies.
Investors are flocking to wind power, not because it is an effective way of cutting greenhouse emissions, but because it is a good financial bet, due to big handouts from a government desperate to meet it’s renewable obligations .
As with most government green policies, it is only short term. The long term will see an increase in greenhouse gas output. The measures which would really make a difference, like seriously improving insulation and reducing other energy waste are underfunded because they are not “sexy” enough to get votes.
Wind power is just like the New Labour Government. Loads of spin, but ultimately ineffective.
Listen to BBC environment programme “Costing the Earth” Click here .
Download and read a presentation by Professor Peter Cobbold (PDF format 6Mb)
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