Monday, 28 February 2011

Energy MPs foresee terrible future of clean, cheap energy , Shale – don't know what it is, we'd better stop it

The Register
"With so many vested interests upset by shale, no wonder it's so popular!

Yet the economic benefits of an abundance of cheaper energy can't be overstressed: cheaper manufactured goods, energy independence, and an end to the obscenity of fuel poverty, where the poorest freeze – and pay to subsidise solar panels on the roofs of the wealthy. There are 5.5m UK households today living in "fuel poverty" – and thanks to carbon emissions targets and renewables commitments, the average household will have to pay £300 extra every year to 2020."

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