British Wind Farms Political Will Falters
The public anger over the ever rising cost of energy bills due to the Green taxation costs of wind and solar is at last being heard.
At the beginning of February 101 Tory MP’s and some MPs from other political parties wrote to Prime Minster David Cameron complaining about the 15% Green taxation that wind power adds to energy bills.
The departure of Chris Huhne was always going to spell the end of the Greenest Government ever, and while Cameron will never admit that, he like many other politicians was conned by the warming alarmists, the likely political course will be to sweep things quietly under the carpet and move on.
Billions of pounds’ worth of investment in Britain’s energy infrastructure is under threat amid fears the government’s commitment to wind energy has wavered, it has emerged. Some of the world’s biggest wind companies, who are considering expanding their business in Britain, say they are reviewing their investments due to a growing backlash against the technology.
The companies say that billions of pounds of investments in factories, research facilities and other developments in the country, has been placed at risk.
Earlier this month, more than 100 MPs wrote to David Cameron, the Prime Minister demanding cuts to the £400 million a year subsidies paid to the wind power industry.
At least 4,500 more turbines are expected to go up as the Government’s drive to meet legally binding targets for cutting carbon emissions sparks a green energy boom.
But that investment has been placed in doubt after major energy companies raised concerns about the mounting growing political opposition to wind energy.
Reports suggested that major investments have been placed on hold or remain uncertain while executives are also seeking reassurances from ministers on the future of energy policy.
Several potential investors have also voiced concerns over the poor state of the country’s infrastructure including an ageing electricity grid, which experts say must be upgraded to cope with a massive influx of intermittent wind energy.
General Electric (GE) Energy’s managing director, Magued Eldaief, said his company’s proposed wind manufacturing investment, amounting to more than £100m of direct funding, was “on hold” pending ministers’ decisions on future reforms to the energy market.
“Our investment is on hold until we have certainty and clarity regarding the policy environment that we are in,” he told The Guardian. “One of the most important things for us is political certainty, so we can justify the business and investment case for a facility in the UK.
The same story every time for wind power, until the companies know for certain their uneconomic and unreliable wind power will continue to get billions in subsidies they wont invest in Britain.
Whatever happened to venture capitalism and risk taking?
Posted on February 27, 2012, in Anthropogenic Global Warming, Church Of Climatology, Climate Change, Global Warming, Green Jobs Lie, Green Lies, Green Taxation, Renewables, Wind Power and tagged Feedin Tariff, Green Taxation, ROCs. Bookmark the permalink. 1 Comment.