Tuesday, 10 September 2013

UK warmists whining as government is reducing wind energy subsidies

On July 4 the UK TaxPayers' Alliance launched its "Stop the Energy Swindle" campaign:

"Families and businesses are struggling with their electricity and gas bills. Politicians should be cutting energy taxes to ease that burden. Instead they are adding to them on an enormous scale to pay for fat subsidies that support expensive energy sources like wind turbines and solar panels. People who are already finding it hard to pay their bills will not be able to cope with the big increases in prices needed to meet draconian targets for the energy sector. We cannot allow more families to suffer needlessly and more jobs to be driven overseas thanks to high prices here in Britain. It is time to stop the energy swindle."

Now it appears that the UK government is finally listening - and the "independent" warmist Committee on  Climate Change is whining:

The Committee on Climate Change (CCC) has written to Ed Davey, the Energy Secretary, to warn that "required investment is at risk under current proposals".

Proposed reductions in subsidy levels for offshore wind farms this decade are too severe for the cost reductions that the industry can achieve, it warns.

Ministers also appear to have dramatically scaled back their ambitions for how much offshore wind is wanted in the long-term, undermining confidence in the sector.

This creates a vicious circle whereby developers are reluctant to make the investments that would be needed to reduce costs, the CCC warns.

David Kennedy, chief executive of the CCC, said: "I have spoken to every major investor and they are all concerned."

What the CCC considers a "vicious cycle" is in reality a much awaited virtuous cycle, which hopefully will be strengthened in the near future.


No comments: