**Posted by Phineas
Christopher Booker in last Saturday’s Telegraph: “It’s payback time…”
As the snow of the coldest March since 1963 continues to fall, we learn that we have barely 48 hours’ worth of stored gas left to keep us warm, and that the head of our second-largest electricity company, SSE, has warned that our generating capacity has fallen so low that we can expect power cuts to begin at any time. It seems the perfect storm is upon us.
The grotesque mishandling of Britain’s energy policy by the politicians of all parties, as they chase their childish chimeras of CO2-induced global warming and windmills, has been arguably the greatest act of political irresponsibility in our history.
Three more events last week brought home again just what a mad bubble of make-believe these people are living in. Under the EU’s Large Combustion Plants Directive, we lost two more major coal-fired power stations, Didcot A and Cockenzie, capable of contributing no less than a tenth to our average electricity demands. We saw a French state-owned company, EDF, being given planning permission to spend £14?billion on two new nuclear reactors in Somerset, but which it says it will only build, for completion in 10 years’ time, if it is guaranteed a subsidy that will double the price of its electricity. Then, hidden in the small print of the Budget, were new figures for the fast-escalating tax the Government introduces next week on every ton of CO2 emitted by fossil-fuel-powered stations, which will soon be adding billions of pounds more to our electricity bills every year.
Be sure to read the rest. Not only is the government in London heavily subsidizing uneconomic wind farms and granting needless subsidies in tribute to get nuclear plants built, but they’re doing all they can to drive coal plants out of business, even though coal plants are necessary as backup for those times when the wind doesn’t blow. Hence the warnings about blackouts in the dead of winter. Britain is looking at a new Dark Ages, one wholly of its own doing.
And before we cluck our tongues at our cousins’ folly, this is just the future Obama and the environmentalist movement would lead us to:
Booker is right that Britain’s energy policy is insanity. But what can we say about a nation –us– that sits atop almost unimaginably immense energy resources, enough to restore the cheap energy needed for prosperity and make us nearly energy independent, and yet fights tooth and nail against developing it in the name of battling a problem that does not exist?
(Crossposted at Public Secrets)