Your Questions About Renewable Energy Companies

Carol asks…

how come my electric bill went up due to the raising cost of oil/gas if I use a renewable energy tarrif?

UK: I got a letter saying that my electric bill went up due to the raising cost of wholesale oil and gas. But I’m on a renewable energy tarrif. surely gas and oil are’nt renewable energy sources and should’nt affect my bill. I think I’m being lied to or something. screwed maybe?

admin answers:

Steven asks…

Would you be slightly uneasy if I told you we subsidize oil and gas companies in the amount of 41 billion?

In comparison to the precocious renewable energy industry’s 6 billion?

This comes from Doug Koplow of the energy consulting firm “Earth Track”.

In the words of Rep. Joe Barton, not offering these subsidies would be “disincentives”.

He’s saying we have to pay them for the privilege of paying them.

Where is this logic, exactly?

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