Scottish wind subsidies slashed?
1,000 wind turbines gang agley 1,000 land-based wind turbines stand to be scrapped if government follows through and slashes millions of pounds in subsidies. A report commissioned by ScottishPower concludes that reducing subsidies 25 percent will render the turbines a loss maker for investors instead of just rate and taxpayers. CFACT continues to conclude that alternative energy sources such as wind and solar should only be deployed when they can compete effectively with other sources of energy. Locking in inefficient power generation and the subsidies and guarantees that goes with it will have a terrible long term impact on industry as [...]