The persistent myth that green energy is expensive has been shredded by the revelation that windfarms will be built around Britain’s coast far more cheaply than new nuclear reactors.
New power stations in the UK today are usually only built with the certainty provided by subsidies paid through energy bills,
What we want to know is what is the cost of not subsidised power so that we’ve a baseline…..
That everything is subsidised shows just how badly this sector has been cocked up by government. It also shows how right Nick Stern was way back when. Don’t try to manage the process, just slap on the carbon tax and see what happens. No, not even because climate change is a big worry but because the idiots are going to do something so at least make sure they do something that will work if climate change is that problem.