When the government cut the Feed-in Tariff (FiT) for large solar installations it faced criticism from all sides, but it is being proved right.
I said so back then and I feel even stronger about it now with the revelation that food costs are soaring - to such an extent that even pork and chicken will soon be considered 'luxury' items.
The FIT scheme was not intended to be an alternative to the equities markets, but to stimulate the generation of household renewable power. However, in many cases the subsidies made their way into the pockets of so-called “shrewd investors” so large scale PV schemes had their subsidies slashed.
This move was arbitrary, but it was probably right to stop people building solar farms in fields. We have so much roof space available we should be using that first.
Poverty
Food prices are on the rise and we are not able to feed the seven billion people in the world; let alone considering the additional two billion who will be around in 2050 (the equivalent of two Indias). The G20 countries are becoming increasingly concerned about food security – global poverty rather puts renewable energy arguments in the shade.
Food prices are on the rise and we are not able to feed the seven billion people in the world; let alone considering the additional two billion who will be around in 2050 (the equivalent of two Indias). The G20 countries are becoming increasingly concerned about food security – global poverty rather puts renewable energy arguments in the shade.
So let’s keep the fields for growing food and fill up otherwise useless roof space with PV.
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