Energy price cap

[Puffingbilly413]

13 hours ago, Johnsond said:

Drax: UK power station owner cuts down primary forests in Canada

APPLE.NEWS

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The owner of the UK's biggest power station, Drax, is cutting down key forests in Canada.

If you want to see pure madness and insanity at work the whole green ticket attached to the burning of wood pellets is it, mind you with £6 billion of subsidies alone it certainly is profitable.  Panorama would be well advised to take a look at UK renewables as currently it’s nothing more than a massive cash cow for predominantly overseas firms, which we the taxpayers are funding, value for money it is certainly not. 

An all too typical tale of the right move being hijacked for commercial gain.  Renewable energy has to be the way ahead - but not the way it's being done.  Look at Scotland - 100% of energy from renewable sources (granted that needs some unpacking) but it goes into the global market and in effect we buy it back at market rates, pegged to gas.  I do understand the need for subsidy - new technologies have to be affordable if they are going to be adopted - but the Canadian example is crazy.

But supply and demand and all that - if the UK were able to reduce its energy needs (and let's face it we are a wasteful, consumer-driven nation, as are others), then the problem as a whole would lessen.

 

Depressing stuff really.