Article PMCS Business should be backing renewables – fossil fuels don't make economic sense

Business should be backing renewables – fossil fuels don't make economic sense

by
Jeremy Leggett
from on (#PMCS)

George Osborne needs to stop pushing 20th-century fuels as the solution for 21st-century energy problems

The Conservative leadership once advocated powering 21st-century Britain with a green industrial revolution based on the smart, internet-linked, decentralised technologies being invested in by Silicon Valley, China, and others.

Now, unified in majority government, they seem intent on the reverse: exploiting shale gas, building new nuclear facilities, and actively undermining clean-energy competition. It is the new Labour leader who offers the vision of a renewable-powered UK economy today, one maximally efficient and optimally wired, allowing avoidance of both shale and new nuclear.

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