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While the Bank of England has faced the dilemma of how much funding assistance to give to the UK markets without allowing backs to benefit directly, this situation is now being replicated in Europe...
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Thursday 26th June 2008
As the UK government prepares to dish up the latest plans to increase renewable energy in the country it seems as though the ideas are flawed before they even reach the press. While the figure of 15% renewable energy by 2020 has been mentioned in a number of areas, when you consider the figure is currently less than 2%, how can this be possible?
Looking at areas such as wind power, there seems to be a clash between laws to protect the environment and laws to encourage renewable energy sources. Even the idea of converting wave power, something which is very common in the northern reaches of Scotland, is flawed with many research projects showing that there is minimal benefit and the process is both expensive and unreliable.
It seems that after only just returning from a conference in Saudi Arabia on the oil crisis, Gordon Brown seems to be lacking a little substance in his alternative energy solutions. To be perfectly fair, the idea of renewable energy has been something which all political parties have found difficult to agree on with delays common place. There is a train of thought that the various announcements and initiatives are nothing more than marketing stunts allowing the authorities to claim that they have tried their best. |
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