Is the alternative energy market dead?
News that Shell has finally pulled out of its last remaining wind farm operation in the UK has concerned many environmentalists who are very concerned at this new direction. While the Shell investment was sold to a third party who will continue the venture we are seeing more and more alternative energy operations fold, sold or being put on hold. So has the momentum been lost?
The likes of wind farms and other similar ventures have always been seen as more of a headline grabber in the UK rather than a real alternative for the future. The authorities have given minimal tax incentives for companies to get involved and there have even been complications with getting them connected to the national grid
All in all the alternative energy market has been launched and re-launched on many occasions but it is just not working. Until the authorities increase investment in the sector, or reduce taxes for those involved in the industry, we are unlikely to see any real movement, although what our so called 'green' tax money is being spent on remains to be seen.
There will be headlines, there will be new ventures but whether these are followed through is a very different matter.
Share this..
Related stories
Ofwat to investigate proposed water price rises
The water companies have handed Ofwat a report which they believe makes perfect sense for them but will see water bills rising by 9% above inflation by 2015. This will add an average £355 a year to consumer bills before even taking into account inflation on top. So how can the water companies suggest such a package?
While the UK water supply industry may be one of the better ones...
Political parties battle it out for moral high ground
David Cameron has stolen a march on Gordon Brown in the pursuit of parliamentary form in the wake of the MPs expenses scandal. However his blueprint for future has been dismissed by many in political circles as being too weak as the battle for the higher moral ground goes on. While the likes of Cameron and Brown battle it out to catch the attention of UK voters the constant drip feed of MPs expens...
Read More£20 notes to become plastic
03/09/2015 Paper banknotes are set to become a thing of the past, as the Bank of England (BoE) announces that the new £20 note will be made of plastic. The plastic £20 note will follow in the footsteps of the polymer £5 and £10 notes, which are set to be first circulated in 2016. The BoE decided to change the materials made in the £20 note as the polymer will stay cleaner than cott...
Read MoreForeign banks join campaign to show restraint
Foreign banks operating in the city of London have today agreed to join the FSA's campaign to show restraint in banking remuneration and bonus packages. This comes on top of the recent agreement with the top five banks in the UK to take into account risks when looking at remuneration packages and bonus issues. But will this really work in practice?
In theory this is seen as a major...
David Cameron to get personal with attack on Labour leader
David Cameron will this week light the blue touch paper for the forthcoming UK election with a highly personal attack on Gordon Brown and his "secretive, power hoarding, controlling character". In what is sure to be one of the most personal attacks ever released by the Conservative party leader he will list a number of U-turns and "cynical attempts to save his own skin" which he believes will show...
Read More