Natural Gas NOW Picks of the Week - April 14, 2018

Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.

The false notion that solar is getting close to natural gas in terms of financial feasibility is belied by this news from Britain; solar farms get more cash from subsidies than the electricity they sell:

Britain’s biggest solar farms receive more cash from green subsidies than from selling the electricity they produce, figures reveal.

Energy producers were encouraged to start solar farms with generous handouts funded by a ‘green levy’ on taxpayers’ bills.

Natural Gas NOW

But many of them now make the majority of their cash from the subsidy – instead of the electricity they produce.

The total subsidy provided to all generators of solar electricity last year is estimated to be about £1.2billion…

Treasury officials have stopped new deals being made with solar farms in a bid to stop hemorrhaging huge amounts of cash.

Andrew Coumo, of course, is now pursuing the same failed policy in New York, which is surprising to no one who knows anything of Corruptocrat or New York State political correctness.

Read more:

http://naturalgasnow.org/natural-gas-now-picks-week-april-14-2018/

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