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of European renewables targets by the British Tory government [let's just stop referring to the coalition - it is simply a Tory government] is what is going on here.

That being said, however...

It is a step in the right direction towards the creation of a renewables grid across Europe with load being shared on a large scale, reducing overall intermittency.  So the greater good may be served.

I don't know if I'd go as far as to dub it a win-win.  The chances are, given the craven nature of this generation Irish politicians, that the deal struck will do little to benefit Irish citizens financially, but it might reduce our fossil fuel dependency in the future.

by Pope Epopt on Wed Jun 22nd, 2011 at 09:41:44 AM EST
Well if it gives us a market for surplus capacity on windy days whilst reducing overall carbon imports and footprints it has to be good.  I wouldn't hold my breath about "subsidised" prices or advantageous financing terms, but at least it will build green expertise and employment.

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Jun 22nd, 2011 at 10:00:58 AM EST
[ Parent ]
The merit order effect should reduce the amount of expensive energy that is generated from fossil plants in both Ireland and the UK and that is a win win.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jun 22nd, 2011 at 02:15:10 PM EST
[ Parent ]
Transparent NIMBYism and creative accountancy of European renewables targets by the British Tory government

Man, they're stupid. I mean, seriously. This is Anders Fogh stupid. They're not only deliberately handing Ireland an industrial bonanza - they're paying them to do so...

... because they find windmills unsightly?!?

Well, I suppose that if they want to pay other people for building industrial capacity that will then be used to extract hard currency from Britain, then that's a matter for them to take up with their unemployed and their taxpayers.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jun 26th, 2011 at 03:28:03 AM EST
[ Parent ]
Isn't that what "we" are all doing by shifting most manufacturing to China?

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sun Jun 26th, 2011 at 07:52:21 AM EST
[ Parent ]
No, this is even dumber. The Chinese are only demanding payment in soft currency, which is what makes it so tempting to go along with them. This project will be a drain on Britain's hard currency if it works as described.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jun 26th, 2011 at 09:09:20 AM EST
[ Parent ]

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