Wind farm subsidies revealed

Wind farm subsidies revealed

Here are links to two articles in the Telegraph about the enormous subsidies paid out to wind farm companies. The first article reveals that each job is subsidised by over £100,000 and states that “In Scotland, which has 203 onshore wind farms — more than anywhere else in the UK — just 2,235 people are directly employed to work on them despite an annual subsidy of £344million. That works out at £154,000 per job” Click here to read the full story.

The second article is concerned with government policy and how the subsidies could be axed. Ed Davey, the Lib Dem Energy Secretary, is expected to announce details of subsidies for renewable energy in the next few weeks. The article mentions “Mr Osborne is understood to be pressing Mr Davey for onshore subsidy cuts of around 25 per cent for that period. However, the words from Mr Letwin, who is a key Conservative policy guru, go much further in strongly suggesting the entire subsidy regime will be history by 2020.”

Read the full story here.

Have your say

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s