While the
price of heating oil has more than halved since 2013, the price of
electricity has risen by 13 per cent, according to the Office of
National Statistics.
One
of the reasons behind this rise is that electricity companies are being
forced to buy a certain proportion of their energy from expensive
renewable sources. .....
The concept
of ‘peak oil’ was just wishful thinking on the part of the green lobby,
which wanted us to be forced to stop burning fossil fuels. While I
didn’t quite fall for the myth, the Government did. As a result, we’ve
been left with a national energy policy that assumes fossil fuel prices
can only rise. Huge subsidies — running at £3.4 billion a year — have been paid to subsidise solar, wind and other renewable energy. All
along, we have been told that showering renewable energy firms with
public money — paid for through taxes and levies on consumers’ bills —
was a wise investment that would save us money in the long run because
it would make us less dependent on ever more expensive fossil fuels."
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