Sunday, 5 February 2012
NEVER HAS SO MUCH BEEN SPENT TO ACHIEVE SO LITTLE
This article by Lord Christopher Monckton relates to the demise of Climate Minister, Chris Huhne, but the most interesting thing in it is the calculation of the actual cost and effect of the Climate Change Act. If only the government would be confronted with such material on a regular basis.
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Please note that the capital plus operating COST of something say a wind turbine is Directly proportional to the oil/gas consumed and hence the CO2 produced. The equation is:
ReplyDeleteCOST = CONSTANT*CARBON DIOXIDE BURDEN
To compare the CAPITAL COST for wind turbines and gas is £1mm to £0.5mm per MW - QED