Financial Times

FT no longer on the QT about wind power

Posted by jamie — 6 February 2008 at 3:26pm - Comments

You wouldn't necessarily expect the Financial Times, that bible of the corporate world and the money markets, to be a champion of environmental causes but they've been upping the ante on renewable energy, specifically wind power.

This week, they've been publishing a series of articles and news reports on the UK wind farm industry and they've been particularly critical of how various government policies, which were put in place to encourage the development of renewable energy industries, are actually having the opposite effect. It has been scathing about the renewables obligation, a mechanism which has all of us paying extra on our energy bills to subsidise new projects such as wind farms.

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