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Carbon tax supports build of nukes

 
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An Inspector Calls
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PostPosted: Mon Apr 04, 2011 9:48 am    Post subject: Carbon tax supports build of nukes Reply with quote

http://www.telegraph.co.uk/comment/columnists/christopherbooker/8423554/The-Budgets-green-dreams-will-leave-us-powerless.html?sms_ss=email&at_xt=4d98d63d7c7190b5%2C0

Quote:
Last year, the coal-fired power stations which supply nearly a third of our electricity used 40 million tons of coal, each emitting up to 2.9 tons of CO2. For this 116 million tons, we shall see nearly £2 billion added to our electricity bills.

The same tax on gas will add a further £1 billion to our bills, thus increasing them by a total of £3 billion a year, rising to £5 billion by 2020. This will add more than 25 per cent to the price we presently pay for electricity, or £200 a year for every household.

. . . .

The 100 per cent subsidies for onshore wind power and 200 per cent subsidies for offshore will add further billions to our bills, in return for what will still be only a fraction of the electricity we need.

. . .

Tata itself has warned that Osborne’s tax will cost its British operations £20 million a year by 2020, representing a “potentially severe blow to the sustainability of UK steelmaking”.


A carbon tax will, for nuclear stations, effectively look like a return to the days of the Pool Rules (1990-1999) and capacity payments. When capacity payments were withdrawn in the UK under NETA (were we the only country in the world to run an electricity system without capacity payments?) the nuclear industry went bankrupt and has been 'subsidised' ever since. However, the carbon tax on top of the NETA rules it will not work very well elsewhere as the article indicates.

Bring on the nukes!
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biffvernon



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PostPosted: Mon Apr 04, 2011 11:49 am    Post subject: Reply with quote

This is hardly the right forum for finding people who take anything Christopher Booker writes seriously.
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An Inspector Calls
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PostPosted: Mon Apr 04, 2011 2:31 pm    Post subject: Reply with quote

Or in other words:

Ignore the ugly man who tells you your house is on fire.
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