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Subsidise The Wasteful To Save The World

Westminster accused of rigging energy market to favour nuclear power - Scotsman.com News

The UK government has proposed a new system for incentivising power plants with low carbon emissions, such as nuclear.

It would benefit generators that provided constant supplies of electricity, such as nuclear, at the expense of intermittent suppliers such as wind farms.

Scottish & Southern Energy (SSE) chief executive Ian Marchant said such an approach "potentially just damages the market's disciplines and could have a negative impact on renewables".

If we are going to subsidise low carbon technology then it should be technology blind. The result we want is less carbon for our buck, how that is delivered is irrelevant. And that might mean a reliable technology that works all the time is better value than one that isn't and doesn't.

Comments

they should take their logic to is obvious conclusion. If they just killed all the people - including themselves - there would be no more carbon generated. Except for all the nice little bunnies and things that English bureaucrats seem to value far more than people.

"If they just killed all the people - including themselves"

Works for me. So long as they start with themselves.

I promise to follow their lead, in a few decades. :-)

It would benefit generators that provided constant supplies of electricity, such as nuclear, at the expense of intermittent suppliers such as wind farms.

Or to translate:

It would reward reliable producers who met their contractual obligations and public demand and punish those who didn't.

Since he objects to this fine free market capitalist position so vehemently I wonder if we should inform Mr Marchant's shareholders that he is obviously a socialist.

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