Shuffling the deckchairs
Dec 4, 2013
Bishop Hill in Energy: wind

The government looks set to change the levels at which they fix prices for electricity. It seems that hard pressed consumers are going to hand over less cash to onshore wind and solar operators but more to offshore ones.

Chief Secretary to the Treasury Danny Alexander described the shift in subsidy as "a rebalancing" and said overall spending would not change.

But Labour said "chopping and changing" pricing was bad for business.

As you can see it is fairly clear that all the big three political parties remain committed to ever-rising energy prices.

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