Five Percent Is Not That Bad

The BBC reports that five percent increase in fuel costs would ensure 10% green power for the UK:

During the 2003/4 financial year, the amount of electricity generated from inexhaustible natural resources was 2.4%, just over half the target of 4.3%. The government hopes to double the amount of electricity from renewables to 20% of the UK’s needs by 2020, cutting carbon dioxide emissions by between 20 million and 27 million tonnes. The policy’s centrepiece is a commitment to stimulate green energy by making sure those who produce it receive more than the market rate for electricity – known as the Renewables Obligation. In addition, the government is providing capital grants to offshore windfarms, and to power stations that generate electricity from biomass and energy crops.

All sounds reasonable, paying for what you want to avoid what you don’t…unless I suppose you are 17 and love self-help-guru, Miss Take-a-lot 1957 Ayn Rand aka i-me-mine.