Monday, February 14, 2011
UK Energy Minister Admits Wind Power May Never Break Even!
UK Energy Minister Charles Hendry told MPs governments had spent £2.2 billion supporting wind power over eight years - and it was impossible to predict when, or if, the energy source would prove profitable without grants.
In December last year dramatic plans to erect up to 20,000 wind turbines and put millions of electric cars on the roads were unveiled by the British Government’s climate experts.
The costs of switching to green power and transport would be covered by new environmental taxes and higher fuel bills.
Experts say the plans will cost around £30billion a year.
Read more: http://www.dailymail.co.uk/sciencetech/article-1355010/Energy-minister-Charles-Hendry-We-dont-know-wind-power-break-even.html#ixzz1DyoxRND9