Monday, August 30, 2010

Renewable energy is going to cost us

Icon of Wind TurbinesImage via Wikipedia
We are going to pay to the roof for the windmill scam:

THE chief executive of one of the country's biggest energy retailers has warned that power prices are set to increase dramatically.

Origin Energy boss Grant King said that complying with the mandatory renewable energy target (RET) and network spending would put upward pressure on energy prices.

"That's not of our making, or anybody other than policymakers," Mr King told The Australian.

"That's just the inevitable and logical consequences of the policies" that governments are implementing.
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