Monday, 29 June 2009

The price of intervention

The UK’s utilisation of liquefied natural gas will rise with its energy sources dwindling, said Angela Burns, member of the National Assembly for Wales. (link)
“Our power stations have traditionally relied on coal, whose sources in the UK are very limited. Also, it is expensive to mine coal in the UK than importing it from Eastern Europe. LNG is definitely going to replace coal, whose prospects look bleak in our country. Liquefied natural gas will be used to fire power stations and industries across the UK”
This is the true cost of renewable "investment".

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