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Global Warming, er Climate Change is a National Security Threat


Quote:From the article:


“This is very disappointing for the solar industry,” said Leonie Greene, a spokeswoman for the Solar Trade Association, an industry group.


Ms. Greene said that with costs of installations falling fast, solar farms were close to being competitive with new power plants fired by natural gas. But she said that a couple more years of government support was warranted to give the developers time to close the gap further.


Juliet Davenport, chief executive of Good Energy, a renewable energy business that owns six solar farms in Britain, said: “From our point of view, any change of policy means investors are concerned about investing.”


“It makes business strategy very difficult,” she added.


Deepa Venkateswaran, an analyst at Bernstein Research in London, said that electric power generation was the best bet for further reductions in carbon dioxide emissions, rather than other industrial sectors like transport. She said the government might be sacrificing big climate change gains for budgetary savings that amount to “small change.”


“Investors in the power sector are ready to make the investments in renewables,” she said. “If the government takes away the incentives or gives low clarity, clearly those investments won’t happen.”


Seems pretty straightforward to me.
 

Right, if the government doesn't subsidize it then the market doesn't think it's worth an investment. Very straightforward indeed.

“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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Global Warming, er Climate Change is a National Security Threat - by flsprtsgod - 07-24-2015, 06:15 PM



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