From The Telegraph:
The report comes as the Government prepares to say that £100bn must be spent on wind, solar and other alternatives by 2020. This ambitious projection follows an agreement by G8 nations to cut carbon dioxide emissions in each country by 80pc by 2050*.
Research from Inenco, the UK's largest energy consultancy, today predicts that hitting these targets will cost the UK up to £1 trillion**.
"If you think about de-carbonising electricity generation, making all transport run in a low carbon way and ripping out all gas heating systems to replace them with alternatives, you're looking at a huge bill." said Ian Parrett, an energy analyst at Inenco.
* Which would entail turning back the clock to sometime in the first half of the 19th century.
** That's about £16,000 each per man, woman and child living in the UK, spread over an unknown number of years.
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1 comments:
Savonarola would be having a field day with this nonsense were he alive today.
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