10 Feb '12, 1pm

KPMG Shelves Controversial Green Energy Report

KPMG is refusing to publish the full findings of a controversial study examining the cost of the government's green energy policies, which was originally used as a basis for a series of media reports attacking the cost of renewable energy. The preliminary findings of the report, dubbed Thinking about the Affordable , were made public last November. They claimed Britain could meet its 2020 carbon reduction targets more cost effectively by building nuclear and gas-fired power stations instead of wind farms. The report was seized on by critics of the government's green agenda and also formed the basis of a number of media reports, including a BBC Panorama special that attacked the cost of renewable energy subsidies. The preliminary findings of the report suggested the UK could save £34 billion (US$53 billion) by ditching plans for a massive expansion in wind power capacity an...

Full article: http://www.greenbiz.com/news/2012/02/10/kpmg-shelves-cont...

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