Newsletter #10

Offshore location map of the London Array. Click on the image to see a more detailed map from the London Array website (opens as a PDF).

Shell backed out of its commitment to provide the financing for one third of the world’s largest offshore wind farm off the Kent coast. The London Array, expected to cost about £2bn, now needs to find a new investor. What about tapping the public? The project has reasonable economics, and private individuals could benefit from 40% tax relief by putting shareholdings into pension plans. Perhaps as importantly, such a move would raise understanding of renewable energy generation among the wider community.

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Nigel Lawson and others are suggesting that temperatures have ‘stabilised’ since the late nineties. 1998 saw the highest global average temperature and only 2005 has closely matched it. Since no year since 1998 has exceeded the record, some commentators are saying the global warming has stopped. The implication, sometimes stated, sometimes not, is that the increasing rate of growth of CO2 concentration is having no effect on temperature.

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