UK power plant subsidies
dimanche 28 décembre 2014 à 13:00The UK gave 1.5 billion dollars in subsidy to all sorts of power plants just for existing and doing what they were going to do anyway.
The subsidy was supposed to be an incentive to bring new generating capacity on line, but it did none of that.
Since a large fraction of this generating capacity uses fossil fuel, that fraction of the subsidy is subsidy for continuing to use fossil fuel (rather than building renewable capacity).