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CPS - "RE: the most expensive domestic policy disaster.

 
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Bandidoz
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PostPosted: Fri Mar 20, 2015 12:18 am    Post subject: CPS - "RE: the most expensive domestic policy disaster. Reply with quote

CPS - "Renewable Energy: the most expensive domestic policy disaster in modern British history"
http://www.cps.org.uk/publications/reports/central-planning-with-market-features-how-renewable-subsidies-destroyed-the-uk-electricity-market/

The article has been quoted by the Sun in order to berate renewable energy policy.


Full report here:
http://www.cps.org.uk/files/reports/original/150313101309-HowrenewablesubsidiesdestroyedtheUKelectricitymarket1.pdf


Some of the figures being quoted are simplistic and misleading, and it's looking like it's very much viewed through the lens of financial economics.

Although the suggestion that renationalisation would be one option to cut bills, does appear to make sense.
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Mr. Fox



Joined: 24 Nov 2005
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PostPosted: Fri Mar 20, 2015 10:54 am    Post subject: Reply with quote

PUBLIC HEALTH WARNING: The CPS link (above) leads directly to a page containing an image of Margaret Thatcher. (Not a good start to anyone's day).

CPS Report wrote:
You can have renewables. Or you can have the market. You cannot have both.
Mmmm... planet or market, more like. Tough choice... Rolling Eyes

Clearly, this report has angered The Great Sky-Pixie, who this morning has taken half the Sun away as punishment. Shocked

The Sun will only return if we all read about 'How We Happened to Sell Off Our Electricity' in the first place - oh, and sacrifice a dozen or so Tories. Wink
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Tarrel



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PostPosted: Fri Mar 20, 2015 8:34 pm    Post subject: Reply with quote

Mr. Fox wrote:
PUBLIC HEALTH WARNING: The CPS link (above) leads directly to a page containing an image of Margaret Thatcher. (Not a good start to anyone's day).

CPS Report wrote:
You can have renewables. Or you can have the market. You cannot have both.
Mmmm... planet or market, more like. Tough choice... Rolling Eyes

Clearly, this report has angered The Great Sky-Pixie, who this morning has taken half the Sun away as punishment. Shocked

The Sun will only return if we all read about 'How We Happened to Sell Off Our Electricity' in the first place - oh, and sacrifice a dozen or so Tories. Wink


Strange that The Sun quoted the article in the first place then! Smile
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Mr. Fox



Joined: 24 Nov 2005
Posts: 663
Location: In the Dark - looking for my socks

PostPosted: Fri Mar 20, 2015 10:51 pm    Post subject: Reply with quote

Tarrel wrote:
Strange that The Sun quoted the article in the first place then! Smile


Very Happy

Actually, not that strange if one considers that CPS board member Andrew Knight just happens to also be a Director of News Corporation, publishers of the Sun (and Chairman of J Rothschild Capital Management, too... I guess Murdoch doesn't pay enough).

It should be noted, however, that Knight is not yet a Knight, whilst another board member is, but not the two who are a Lord. Nor is he a Marquess, a Viscountess (who is also a Lady), a ex-Tory campaign manager or an utter cockspanner called Niall.

I hope that clears up any discombobulation surrounding the issue. Smile
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