Saturday, 11 December 2010

Cancun Climate Conference failure, renewables subsidies leading to increased UK electricity bills.

   The Cancun Climate Conference in Cancun Mexico has ended in failure with no binding targets for carbon reductions.  Russia has indicated that they will not renew the Koyoto climate agreement when it comes up for renewal in 2012.  This taken in conjunction with the collapse of the Chicago Carbon Exchange where the carbon price dropped to  a mere 5 cents a ton, and the political wipe out of the climate alarmists in the November US Congress elections proves that the whole antropogenic (man made) climate movement is in retreat.
         Regarding home turf here in the UK we note the rising costs of our electricity bills due to the massive subsidies given to uncompetitive renewable power sources such as wind power. The GWPF(global warming policy foundation) reports that the UK pays £1 billion a year in subsidies for renewable energy which translates into an average increase of £80 in electricity bills for every home in the country!.  They also report that the uSwitch comparison web site predicts that by 2020 this will rise to a massive extra £500 per year for every home in the UK.  The Thanet proposed wind farm off the coast of England will receive a tax payer subsidy of £60 million and will produce only 75MW of power at best.  This compares with a fossil fuel power plant, oil, gas or coal, ten times the size at 750MW which could be built for the same cost but with no subsidy.!  Electricity consumers are right to be extremely angry with the Conservative Lib Dem coalition government

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