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A rush to green energy by spending billions covering much of the countryside with wind turbines would be an expensive blunder, a damning study has found.The crazy idea of using expensive wind power is to reduce emissions of carbon dioxide. However that idea is put to bed with this report:
Professor Gordon Hughes of Edinburgh University said the massive programme will cost consumers £120billion by 2020 through higher bills.
This is almost ten times more than the £13billion it would cost to generate the same amount of electricity from efficient gas-fired power stations, according to the leading energy and environment economist.
Professor Hughes said families are being forced to subsidise wind farms through their bills.
Meanwhile business energy costs are also being driven up, so harming their profits and ability to invest and grow.
By contrast around a dozen landowners who allow wind farms to be erected on their property are to share an £850million subsidy windfall.
A wind turbine generating £150,000 of electricity a year is eligible for ‘monstrous subsidies’ of £250,000 a year.
Professor Hughes warned: ‘Unless the Government scales back its commitments to wind power very substantially, its policy will be worse than a mistake, it will be a blunder.’
Lib Dem peer Emma Nicholson said she was concerned over the huge subsidies the biggest landowners will receive, paid for by ordinary familiesRead more at GWPF or at the UK Daily Mail