Expensive Green Energy A ‘Bad Gamble’ As Gas Price Drops

Britain’s Green Energy Fiasco Deepens

By Guest Column Dr. Benny Peiser—— Bio and Archives--October 3, 2014

Global Warming-Energy-Environment | Comments | Back To Full Article

Families face paying up to £40 extra each year for wind and solar farms to meet climate change targets after the government revised its energy price forecasts. The subsidy required for each unit of renewable electricity will rise after the Department of Energy and Climate Change (DECC) conceded that gas was much cheaper than it had predicted. A glut of gas on the world market means gas-fired power stations have become cheaper to run, making wind and solar farms comparatively even more expensive. --Tim Webb & Ben Webster, The Times, 3 October 2014

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