Saturday, 18 September 2010

Britain's energy policy is in crisis

Christopher Booker,Telegraph
"..Behind the fog of official spin, it becomes ever more obvious that the schemes devised to meet the EU target of generating nearly a third of our energy from renewable sources by 2020 – six times more than at present – are a massive self-delusion. Even though they will cost us hundreds of billions of pounds, paid largely through soaring electricity bills, the energy they produce will be derisory – certainly nowhere near enough to plug the looming 40 per cent shortfall in our supplies, as many of our older power stations are forced to close. .....If all this sounds like pure lunacy, we must recall that two years ago, our MPs voted all but unanimously for the Climate Change Act. This commits Britain, uniquely in the world, to cutting its CO2 emissions by 80 per cent by 2050, at a cost of up to £18 billion a year, or £734 billion in total. This is what our politicians have made the law of the land, although in practice it could only be achieved by closing down virtually all our economy. "

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