Coalition Energy Policy That Makes Little Sense

A government draft energy bill published today, lays out plans aimed to guarantee prices for low-carbon electricity and pay producers for providing back-up supply when wind power falls short, according to the Department of Energy and Climate Change. DECC. It’s aimed at securing commitments from utilities to fund new atomic reactors and clean-power projects, curbing reliance on gas-fed plants. As the plan invites private sector to invest in building a new generation of nuclear power plants.

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