Thursday, November 01, 2012
All God's Chillun Got Enough Windmills
Mike Haseler of SCEF has been making a big thing of this graph, I think rightly.
It is the share price of the big windmill manufacturing firms and it shows that the money men think the windmill building sam (not us subsidisng the ones already in place, which continues) ends just about now with the end of Kyoto. The windmill producing companies have become essentially valueless - which means all the investors think nobody is going to be paying for any in future.
Which provides quite a lot of context to the recent row between Tory John Hayes and LibDem Ed Davy over whether we need more subsidised windmills.
Coalition row erupts with Lib Dem Energy Secretary slapping down Tory minister who declared 'enough is enough' on onshore wind farms
Onshore wind farms give other renewable energy sources a bad name, Energy Minister John Hayes tells the Daily Mail
Existing and planned sites are enough to meet environmental goals
Research into effects on house prices, noise levels and military radars has been commissioned, said Mr Hayes
Comments spark a furious coalition row, with Lib Dem Energy Secretary Ed Davey insisting 'I'm in charge'
One might almost think some Tories secretly actually know what is going on outside the Commons. It seems reality will let Hayes win this. Which in turn means that if there aren't going to be more windmills then the government have to allow something to take its place - shale gas and another defeat for Dany being the realistic option.