GayandRight

My name is Fred and I am a gay conservative living in Ottawa. This blog supports limited government, the right of the State of Israel to live in peace and security, and tries to expose the threat to us all from cultural relativism, post-modernism, and radical Islam. I am also the founder of the Free Thinking Film Society in Ottawa (www.freethinkingfilms.com)

Wednesday, March 25, 2009

Wind power - bye bye....

Is this the end of wind power? Let's hope so....
Britain’s ambition to become a global leader in renewable energy suffered a major setback last night when the world’s biggest investor in wind power said that it was slashing its investment programme.

The announcement comes less than two months after ministers backed a string of huge gas-fired power stations, prompting concern that the Government cannot fulfil its promise of a green energy revolution.

Iberdrola Renewables’ decision to cut its investment in Britain by more than 40 per cent, or £300 million — enough to build a wind farm powering 200,000 homes — is the latest obstacle to Gordon Brown’s target of generating 35 per cent of the country’s electricity from renewable sources by 2020. Lifting it to that level from the current 5 per cent would cost an estimated £100 billion. But wind energy investments have collapsed as funding dries up in the credit crunch and the price of oil, gas and coal has fallen. Delays obtaining access to the national grid and planning permission have compounded the industry’s woes.

Shell and BP have shelved or pulled out of renewable energy projects, including a £3 billion project for 341 turbines in the Thames Estuary, and questions have been raised over the future of npower’s £2.2 billion Gwint y Mor farm off the Welsh coast.

4 Comments:

Blogger wow gold said...

buy wow gold,cheap wow gold,world of warcrft gold.

1:46 AM  
Anonymous Philanthropist said...

Only a doofus would buy stock in a company wasting its money on windpower.

Go to Canadian Tire where anyone can see a 400 watt wind generator selling for almost $800 bucks, that's enough power for two light bulbs when the wind is blowing, or for about the same money you could buy a 5000 watt gas powered generator and run appliances whether the wind is blowing or not.

8:39 AM  
Blogger The Magic Studio said...

This comment has been removed by the author.

9:17 AM  
Blogger InsanityProject said...

I guess I could say that a doofus would only take into consideration the cost in money involved in our energy use and continue to believe that we can indefinitely use oil, gas and coal, which all happen to be dirty, non-renewable, environmentally destructive and degrading to our health, so we can run some appliances and light bulbs for a little while. Our shortsightedness is staggering.

9:48 AM  

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home