Public Accounts Committee Criticise Lack Of Control Of Levy Control Framework

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

h/t Philip Bratby

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http://www.parliament.uk/business/committees/committees-a-z/commons-select/public-accounts-committee/news-parliament-2015/energy-policy-levy-control-framework-report-published-16-17/

A damning report by the Public Accounts Committee on green energy schemes:

The recommendation comes in a report examining the Levy Control Framework, which is intended to help control the costs of three government schemes to support low-carbon generation.

The Framework sets yearly caps on the forecast costs of the Renewables Obligation, Feed in Tariffs, and Contracts for Difference—schemes funded through levies on energy companies and ultimately paid for by consumers via energy bills.

The Committee concludes the Framework has “suffered from a lack of transparency, rigour and accountability” and forecasting of its costs has been poor.

£110 expected to be added to household energy bills in 2020

The government department responsible (formerly the Department of Energy & Climate Change, now the Department for Business, Energy & Industrial Strategy) continues to expect to overspend the Framework budget.

The report states that as a…

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Germany’s Monumental Environmental Fail: CO2 Emissions Rise Despite €Trillions Blown on Subsidised Wind & Solar

STOP THESE THINGS

report-card

In Germany, around €190 billion has already been burnt on renewable subsidies; currently the green energy levy costs €56 million every day. And, the level of subsidy for wind and solar sees Germans paying €20 billion a year for power that gets sold on the power exchange for around €2 billion.

Energy poverty is a feature of daily life for hundreds of thousands; the promise of millions of groovy ‘green’ jobs is little more than a cruel hoax; and, adding insult to injury, the pretext for the insanity – the reduction of CO2 emissions in the electricity sector – hasn’t quite panned out as Green edicts predicted: emissions are, instead, rising fast.

If the justification for subsidies that will top €1 tillion was cutting CO2 gas emissions, the report card for 2016 on Germany’s Energiewende should score a big fat ‘F’.

Failure…Hundreds Of Billions For Nothing As Germany CO2 Reductions…

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