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Britain Aims for Radical Power Market Reform in Push for Low-Carbon Energy http://apocadocs.com/s.pl?1291739084
The U.K. power market is about to face the most radical reform in decades as it becomes increasingly clear that progress toward decarbonizing its energy system in the face of climate change is moving at a snail's pace when it really needs to move like the wind, experts say. Next week, the government will produce a consultation paper on what needs to be done to bring forward the new low-carbon power plants the country urgently needs as many old ones face closure and with emission reduction targets that ministers say, with increasing signs of desperation, are seriously challenging.
Today, the Committee on Climate Change -- set up under the 2008 Climate Change Act to monitor government progress toward the 80 percent carbon emission cut from 1990 levels by 2050 stipulated in the legislation -- issued its most urgent call for action to date.... Fuel poverty is defined as a household's having to spend 10 percent or more of its income on power. The government is known to favor a full system of feed-in tariffs for low-carbon energy, extending the current household scheme that came in nine months ago to cover utilities, as well, offering an attractive price for producing electricity to the grid, but at the same time pushing up prices for consumption. There is no ducking the dilemma.
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[Read more stories about:
low-energy future, efficiency increase, carbon neutral, coal issues, oil issues]
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