Just look at the oil price. It has gone up enormously, and people are still using it in preference to alternative energy sources because it is so much cheaper. We are still using gas to fuel power stations because it is so much cheaper. And carbon dioxide emissions, as a result, have been going up inexorably, because this is far and away the cheapest source of energy, and to go for any other source, even nuclear, will be substantially more expensive.
Wind power, which seems to be the Government’s favourite, is particularly uneconomic. Huge subsidies are being paid, even now, for the tiny proportion of our energy sources that we get from wind power. With a significantly wind-powered system, because the wind stops blowing from time to time, electricity has to be always on tap, you have to have conventional power stations on standby. Not only does this mean that the reduction in carbon dioxide emissions anyhow is greatly diminished — because the standby stations tend to be the cheapest and therefore the greatest emitters — but it hugely increases the cost, having this extra system on standby, that has to be ready to be activated at a moment’s notice. So forget about wind power; it is not going to be economic for the foreseeable future.
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