Britain revives regulation in a push for renewable energy

New York Times: The British government announced on Friday far-reaching changes in energy regulation intended to encourage development of renewable energy and nuclear power while ensuring that the country can still meet its electricity needs. The changes will gradually quadruple the charges levied on consumers and businesses to help support electricity generation from low-carbon sources, to a total of about £9.8 billion, or $15.7 billion, in the 2020-21 fiscal year, from £2.35 billion now. The government forecasts...

URL: http://www.nytimes.com/2012/11/24/business/britain-revives-regulation-in-a-push-for-renewable-energy.html