The Cost of Fossil Fuels
I cannot blame the utility company for looking at renewable energy and the lower profits caused by the availability of cheap fossil fuels. But of course, the cost of fossil fuels is not real.
We still, and I know that I have been on my soapbox about this for some time, provide obscene levels of subsidy to fossil fuels. Thus the price for these fuels is already artificially low.
We will never move forward unless we either:
- Take those subsidies away from fossil fuels.
- Charge for their true cost in terms of environmental and ecosystem cost.
- Provide the same subsidies to alternative power sources at the same level.
Read the full article:
In Britain, a Green Utility Company Sees Winds of Change
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