Suburban Chimp - Finance & Social Commentary

Thoughts on finance, the environment and other social issues.

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David Cameron - Make Your Own Energy

December 6th, 2007 · No Comments

Bandwagon jumper or eco-evangelist Tory, David Cameron, (you decide) has announced a new idea, initiative, what have you, to (if the Conservatives came to power) encourage home-owners to make their own energy and sell it back to the energy companies.
All good in theory, but industry experts say that we are at least decades away from this in the UK, although apparently other European countries seem to manage this. Basically the cost of providing the equipment to allow home owners to do this is expensive and the return on investment takes many years so we in the UK do not really have the stomach for it, where as in many European countries the individual attitude is different and they routinely recycle and have a better grasp on environmental issues.
What I would like to see is the current government and any superseding government take the initiative and come up with a solution to make, solar power, wind power more economically viable for Joe Public, who can’t at the moment afford a couple of thousand pounds to stick a wind turbine in their back garden. Frankly in the UK many of the population struggle to do any recycling at all, let alone can comprehend generating their own energy unless there was a seriously good incentive for them to do so and frankly with so many people struggling to pay rent/mortgages/council tax it’s a big leap of faith to presume we’ll all be able to rush out to buy a windmill, whether we would like to or not.

Tags: Environment

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