Catallaxy Files,(Australia)
"A piece of mine in the AFR this morning explored the costs of the carbon tax, according to the latest policy zig zag soon to be linked to the EU carbon price, and the renewable subsidies.
If the carbon price stays low – likely with Europe in permanent recession – the renewable regulations will be even more costly. The piece calls for scrapping the whole array of measures now that even the thickest of commentators must realise in the fog of the Doha failure that the world (other than the EU and Australia) has rejected the economic suicide of forcing renewables and de-industrialisation.
That spells the end of the subsidy dependent renewable energy. "
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