Bringing you live news and features since 2006 

Wind farm

Coalition confusion over wind farms is backward looking

RELATED TOPICS​

The recent confusion and lack of direction from the Westminster Government may cause the UK to slide towards the bottom of the renewable energy production capacity table in Europe, says Luca Concone, CEO of the Real Asset Energy Fund…

At the moment wind farm capacity accounts for less than 6 per cent of the UK’s energy needs per day. On a global scale that means the UK, a G7 country, produces barely 3 per cent of the world’s wind energy capacity. The UK is now behind Germany, France, Italy and Spain in wind power capacity production.
 
What is perhaps most baffling is the Government’s decision to increase reliance on fossil fuel energy which has 3 key negative effects: it damages the environment; it increases health risks and it makes the UK dependent on foreign countries. Fossil fuels WILL run out, why invest to pump dangerous emissions into the atmosphere? Currently the UK imports twice as much coal as it produces domestically, including a significant amount from Russia, a relationship that is not always predictable.
 
The prime argument that some coalition members are citing for not building wind-farms is that they are an “eyesore” on the countryside. This is subjective and arguably marginal when considering the importance of future energy supplies. Now we have to invest in renewable energy or the UK will find itself failing to meet EU quotas and be left with a substantial energy debt.
 
Of course building wind farms does have an effect on the countryside but the most recent Harris poll indicated that over 75 per cent of those surveyed were in favour of wind farms.
 
Renewable energy is a key component of the energy mix to have a healthy, strong, independent United Kingdom. Companies choosing to invest in the sector can expect stable, long term dividends in line with other infrastructure opportunities but are contributing positively to the environment and to strengthen the country.

RAEF is one of the leading funds that gives investment opportunities to insurance companies and pension scheme by providing long term, stable, safe returns while contributing to a better world.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by