RENEWABLE ENERGY INFRASTRUCTURE COSTS MORE THAN GREEK AND IRISH BAILOUTS COMBINED
Astonishing figures show that the total cost of renewable energy infrastructure in Europe to the end of 2012 came to over €600 billion, excluding additional fees for grid connections and upgrades.
And this enormous sum is one and a half times the cost of twice bailing out the Greek economy, which came to €320 billion and the Irish economy with a €70 billion loan, the Irish Energy Blog has calculated.
http://www.breitbart.com/london/2015/02/05/renewable-energy-infrastructure-costs-more-than-greek-and-irish-bailouts-combined/
A British wind energy tycoon Dale Vince can afford to give £250,000 to the labour party to protect his interests, I thought wind was meant to make electricity more affordable, not provide such largess private individuals.
ReplyDeletehttp://www.theguardian.com/business/2015/feb/10/ecotricity-gives-250000-to-labour-amid-existential-threat-from-tories of google The Guardian Exotricity gives £250,000 to labour. In Ireland it is impossible to find out how much politicians are receiving. Element power offered 375.000 euros to Meath Gaelic Athletic Association who refused it. Other clubs have accepted it. Practically every every media broadcast outlet is sponsored by an energy company. Electricity is seen as the business of businesses. Produce more and more electricity, irrespective of it use, If it fails, throw the bill to the taxpayer.