Goodnews's Weblog

Why big energy wants to kill the LRET

Posted by: Goodnews on: 2011/12/16

Why big energy wants to kill the LRET.

 

The depth of their feeling was revealed in the draft energy white paper released earlier this week. The Investor Reference Group, which includes some of the major generators, market regulators, bankers and bureaucrats, said it is concerned about the “suppressing” impact on wholesale energy prices caused by the deployment of renewables, which are supported by the LRET.

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