[ExI] Solar power makes UK people poorer

[BillK]

On Wed, Jun 8, 2011 at 4:18 PM, spike wrote:
> My main criticism of the Register article is that it gets too tangled up in
> issues that are actually a completely different problem.  Government
> subsidies on solar are making the rich richer and the poor poorer.  Sure,
> but clear away the clutter and look at it this way: does rooftop solar pay?
> Yes or no.  If no, don't install it.  Is the government subsidizing solar
> installations that do not pay?  If yes, vote them out.  Get a government
> which understands energy economics.
>
>


Looks to me as though the UK government has decided to go for solar
and wind power regardless of the current high price. Hmmmnn. Does that
mean they think they have no choice? If oil and natural gas are
running out and rapidly increasing in price, then they need an
alternative. As the Register comments, all energy will be much more
expensive in future, and we will all be poorer.

But hopefully solar will become cheaper in a few years, as mass
production kicks in.

BillK