Europe’s Green Energy Policy ‘Bordering On Disaster’

October 17, 2013

(THE GWPF) Europe may see itself as the globe’s green paragon, but its energy policies are a mess bordering on a disaster. — Walter Russell Mead, Via Meadia, 16 October 2013

by Dr. Benny Peiser

It’s fine being very, very green, but not if you’re interested in manufacturing. The UK is already disadvantaged on the wholesale cost of energy, and then it puts taxes on it. Anybody who’s an energy user is just going to disappear. — Jim Ratcliffe, chief executive of the chemical giant Ineos, Financial Times, 15 October 2013

All the signs are, when it comes to the fundamentally key national issue of energy security, that the world’s leading Western economies have forsaken the best interests of the people. –Peter Glover, Energy Tribune, 16 October 2013

Crippling energy price hikes could see nearly two thirds of households struggle to adequately heat their homes this winter, experts say. If the five other big energy suppliers follow the lead of SSE and raise their gas and electricity prices by a similar amount, it is predicted that the average dual fuel bill would rocket to just under £1,500 a year from £1,353. –Esther Shaw and Helen Massy-Beresford, Sunday Express, 13 October 2013

fuel poverty

This is dangerously close to the tipping point of £1,500, beyond which 59 per cent of households will be going without adequate heating and 36 per cent will be forced to turn their heating off entirely. –Ann Robinson, Sunday Express, 13 October 2013

Britain’s coalition, the Conservatives and Liberal Democrats, is under intense pressure to tackle the continual rise in energy costs, after Labour’s leader Ed Miliband pledged to freeze energy prices until 2017, if the Party wins the general election in two years time. –Lianna Brinded, International Business Times, 17 October 2013

Old-fashioned power plants have traditionally provided what is called “base load” power. These plants produce the power to run refrigerators and street lights and the rest of the 24/7 needs of a modern economy. This was the power that consumers used first—until Europe went mad for renewables. —The Wall Street Journal, 16 October 2013

Japan plans to start up 14 new gas and coal-fired power plants by the end of 2014, allowing a switch away from pricey oil, as Tokyo struggles with a shutdown of nuclear reactors and energy imports drive a record trade deficit. The new power plants will buy liquefied natural gas (LNG) and coal to scale back on the use of expensive crude and fuel oil plants. –Osamu Tsukimori and Rebekah Kebede, Reuters, 17 October 2013

 

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