This weekend, while most of us were determinedly trying to have a nice long bank holiday in spite of the rain, the Chancellor was busying himself with trying to disrupt the UK’s ability to generate power through one of our most abundant natural resources, wind.
The UK has invested heavily in homegrown renewable energy, and is starting to reap rewards, in the form of jobs and green economic growth. But the Chancellor wants to risk this by more than doubling the scale of upcoming reductions to the financial support that wind energy companies recieve.
Why has Osborne suggested this?
Osborne has come under a lot of fire over his budget and the state of the economy, not to mention the recent furore over taxing pastry based snacks, and some commentators have suggested that this is a way of rying to claw back some support from groups in his party, mainly the same 101 MPs who petitioned for an end to wind power in the UK earlier in the year. But this is a tiny minority considering that most MPs and the public are in support of green energy, and with not a fortnight going past without another opinion poll confirming that the overwhelming majority of the public still want their energy from wind and renewable sources, it’s far from democratic.
The industry is already preparing for lower levels of subsidy.
The UK has been using fossil fuels since the Industrial Revolution, and shifting our energy production to sustainable natural methods can’t happen overnight. But there’s no reason for investment to remain this high forever, and year on year the level of investment from the taxpayer is falling, and green energy producers are getting ready for up to a 10% drop in public investment.
Energy is too important to play political football with
Shifting the goalposts in this way in order to score political points is no way to determine how a country generates its power, and we’re calling on George Osborne to rethink his comments and recognise that wind, as well as tidal and other forms of energy generation is too important to made into a political football. Our door is always open, and we’d be happy to have a chat through it over a pasty or sausage roll and a cup of tea.