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August 06, 2009
Out Go The Lights
Britain may soon have an electricity problem according to The Economist. In the frigid opening days of 2009, Britain's electricity demand peaked at 59 gigawatts (GW). Just over 45% of that came from power plants fuelled by gas from the North Sea. A further 35% or so came from coal, less than 15% from nuclear power and the rest from a hotch-potch of other sources. By 2015, assuming that modest economic growth resumes, a reasonable guess is that Britain will need around 64GW to cope with similar conditions. Where will that come from?American Greens have a similar plan for this country if we let them get away with it. The Economist thinks energy taxes are the way to go. ...carbon must be taxed if firms are to invest in long-term, expensive, technology-heavy projects such as nuclear plants, cleaning up coal and taming renewable sources of power. Carbon is already assigned a price through the European cap-and-trade mechanism, but the system is focused on the short term, vulnerable to gaming and plagued by hugely fluctuating prices. A tax on carbon is hardly going to stop the lights going out in a few years, but it would provide a floor price for power, giving investors a clearer sense of likely profits. In the meantime you know who to blame.A political solution subject to gaming? I'm shocked. And then there is the carbon tax idea. That may sell to the Brits but in America I recall we had a Tea Party about some relatively modest British Tea taxes. And to this day we are not fond of paying taxes to any government. If Brits are going to stay warm at night I think that soon they are going to have to find extras to sleep with. Maybe some one like Louisa Lockhart who is rumored to sleep well with others. On another note: I typed in "Green Electricity Swindle" into Amazon and this is what came up: Further: You can listen (while you still have electricity) to more Pat Travers on this CD: Cross Posted at Power and Control posted by Simon on 08.06.09 at 10:40 PM
Comments
Production of fuel to supply electricity, transportation and food will suffer with a carbon tax. We will have the most difficulty living without food. Many of us in the over 70 crowd know how to live without electricity. Hugh · August 7, 2009 07:22 AM representatives provided modulator Fontainebleau!abeyance Blackstone Anonymous · August 12, 2009 01:05 AM Post a comment
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"As for coal, it is fiendishly dirty". Not really true if using new technology. I see US headed the same way. Cap and Trade will force it. People will die when they can't heat or cool their homes because of the high costs.