Leading economist warns taxpayers could be ‘exceptionally badly harmed’ by Sturgeon’s energy proposals

Leading economist warns taxpayers could be ‘exceptionally badly harmed’ by Sturgeon’s energy proposals
 

A leading economist has warned taxpayers could be “exceptionally badly harmed” under Nicola Sturgeon’s proposals to introduce a state-run energy company.
Under plans announced by the First Minister on Tuesday, renewably-sourced power from the privately-owned enterprise would be sold on to customers as cheaply as possible.
But Dr Ariel Bergmann, an energy economist at Dundee University, warned the scheme meant taxpayers could be at risk from volatile market prices.
He said: “The big challenge is the financial risk. Both electricity and natural gas can be quite volatile in daily prices, even... read more

 
12 October 2017 in Politics, Views: 38
Source: The Courier
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