Friday, 20 August 2010

The Disaster of Nu-Labour's Energy Policy

There has been a nice series at the Capitalists@Work site on the 'scorched earth' policies of the out-going 'Nu-Labour' government. At the above link, they discuss three of the most damaging aspects of Labour's wilful abuse as concerning Energy Policy.

The three are:

1. The stymieing of extremely useful technology
2. The unnecessary costs of feed-in-tariffs
3. The looming trap of international ‘penalties’ for failure to meet renewable energy targets.

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