Thursday, October 18, 2012

"The entire renewables sector, Mr Helm argues, has become an orgy of rent-seeking"

Climate change: How to fix it | The Economist
The system therefore relies on a panoply of subsidies which, as night follows day, has produced an enormous industry to compete for them—wind and solar firms, lobbyists, NGOs and politicians. The entire renewables sector, Mr Helm argues, has become an orgy of rent-seeking.

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