Boris Johnson Announces 200% Rise in Electricity Prices
London, 6 October: Ignoring clear evidence that the underlying economics of renewables are disastrous, the Prime Minister has today committed the UK to a further expansion of offshore wind power by 2030, with frightening implications for electricity prices, which would have to treble to pay the real costs.
This is not only economically foolish, but incoherent climate policy since today's decision will ensure that other low emission goals, such as the electrification of vehicles and domestic heating, become unaffordable for most Britons.
Despite the wind industry's smoke and mirrors, offshore wind remains an extremely expensive way of generating electricity. Meeting the Prime Minister’s target will actually increase current costs still further because of the need to build turbines in deeper water with much higher operating costs.
https://mailchi.mp/99ee80354cb0/prime-minister-announces-200-rise-in-electricity-prices-178702?e=f4e33fdd1e
