According to a leaked European Commission report on the future of energy in Europe, the slow switch to greener sources of energy is going to push the cost of electricity through the roof. The FT has the story:
Average electricity prices for households and businesses would rise “strongly up to 2020-2030” under all scenarios, the document says, and the highest prices would occur after 2030 if renewable sources of power, such as wind and solar, make up a large share of energy production. For example, average prices for households could jump by more than 100 per cent by 2050 if this were the case but only by 43 per cent under a scenario that assumed more nuclear power and carbon capture and storage were used.
This will not make Europeans happy, and it is unlikely that American consumers will be lining up for a 100% electricity hike anytime soon. Those prices are also not going to help manufacturers stay competitive, and they are not going to boost the prospects of the electric car industry.
The solution is to vote for someone who believes in using the energy we know we already have rather than believing in fairy dust solutions. Acadamia has proven itself to be clever by half of what they presumed themselves to be. We have a johnny one note President who knows only one thing and that is socialism. Ask him which 5 year plan worked. Bet he does not have a clue what that is.
Oct 18 2011 LILLY, Pa. — Thirty-five windmills at a Western Pennsylvania wind farm have been silenced at night since a bat that belongs to an endangered species was found dead under one of the turbines.
Read more: Endangered bat shuts down windmills at Lilly wind farm – Pittsburgh Tribune-Review http://www.pittsburghlive.com/x/pittsburghtrib/news/regional/s_762486.html#ixzz1bWt1CDHB
You can’t make this stuff up.
Even the Queen!
The Queen is just one big price rise away from fuel poverty
http://www.myfinances.co.uk/cut-your-bills/2011/10/22/the-queen-is-just-one-big-price-rise-away-from-fuel-poverty?flv=1
Duck and cover! Electricity generated by photovoltaic cells has now become less costly per kilowatt hour than electricity from conventional sources:
Two Numbers: Solar Energy’s Price Drop, Ahead of Schedule, Could Help Save the Planet
Solar power could be world’s main energy source by 2050