Coalition makes U-turn on nuclear energy subsidies | Environment | guardian.co.uk

Posted on by Patrick Sudlow

People wrongly believe that their energy bills are high due to subsidies to renewables.  Nothing could be further from the truth from Corporation Tax exemption for North Sea oil and gas rigs to hidden subsidies to nuclear.  It is not renewables that are causing a rise in energy bills has they receive a very small fraction of Government funding:
http://www.mng.org.uk/gh/nn.htm

So, it has now been revealed that this Government will continue with their subsidies.

Coalition makes U-turn on nuclear energy subsidies | Environment | guardian.co.uk.

The mystery of the invincible oil subsidies.

Posted on by Patrick Sudlow

Here is a news article from the US, about the subsidies that oil and gas companies receive.  The UK Government also provides subsidies to oil and gas companies.  An example of this, is the reduction in corporation tax for the North Sea oil and gas operators.  As the video infers, this is because of the level of political donations received by the politicians.  Except in the UK, it is Party political donations that are the problem along with lobbyists.  And a great number of the British public are not aware of these subsidies, and blame their high energy bills on subsidies for renewable technology.  Renewable technology receives a fraction of the subsidies the oil and gas companies receive.  And nowhere near the £50 billion the nuclear industry has received so far.  And it will cost more than £50 billion for the clean-up of the decommissioned nuclear plants.

The Mystery of the Invincible Oil Subsidies.