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£120 billion gamble on wind turbines:Green energy 'ten times dearer than power stations'
DailyMail ^ | 8:52 AM on 7th March 2012 | By Sean Poulter

Posted on 03/07/2012 11:59:24 AM PST by fight_truth_decay

A rush to green energy by spending billions covering much of the countryside with wind turbines would be an expensive blunder, a damning study has found.

Professor Gordon Hughes of Edinburgh University said the massive programme will cost consumers £120billion by 2020 through higher bills.

This is almost ten times more than the £13billion it would cost to generate the same amount of electricity from efficient gas-fired power stations, according to the leading energy and environment economist.

Professor Hughes said families are being forced to subsidise wind farms through their bills.

Meanwhile business energy costs are also being driven up, so harming their profits and ability to invest and grow.

‘A dozen of the biggest landowners will between them receive almost £850million in subsidies, a huge amount paid by ordinary families through hidden taxes on their electricity bills.

‘I am immensely unhappy wind power has attracted such monstrous subsidies

...CO2 emissions, in line with EU obligations.

This is challenged in the study, which suggests the switch to wind will actually deliver only a tiny reduction.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Culture/Society; Extended News; Government; News/Current Events
KEYWORDS: corruption; energy; envirofascism; fraud; globalwarminghoax; gordonhughes; greenfraud; gwpf; liberalfascism; thegreenlie; windpower

1 posted on 03/07/2012 11:59:42 AM PST by fight_truth_decay
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To: fight_truth_decay
Why bother Your Highness,

Were about to die from Global Warming. Same people, same drama

2 posted on 03/07/2012 4:37:26 PM PST by STD (It Doesn't Take a Real Political Panjandrum to Cut Taxes & Cut Spending Stupid!)
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