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Commentary :: Environment
Wind power is cheaper than coal, 70pp
15 Oct 2014
A leaked report shows wind is the cheapest energy source in Europe, beating the presumably dirt-cheap coal and gas by a mile. Conventional wisdom holds that clean energy is more expensive than its fossil-fueled counterparts. Yet cost comparisons show that renewable energy sources are often cheaper than their carbon-heavy competition.
to read the October 2014 interim report, click on

http://ec.europa.eu/energy/studies/doc/20141013_subsidies_costs_eu_energ

The report (PDF) demonstrates that if you were to take into account mining, pollution, and adverse health impacts of coal and gas, wind power would be the cheapest source of energy.

The way energy markets function and the effect of government interventions in the European Union has been the subject of much debate in recent years.
To date however, there has not been a complete dataset
for the EU28 detailing the Government interventions in the energy market

This report presents the results of a study commissioned by DG Energy to quantify the extent of public interventions in energy markets in all 28 Member States for all energy use excluding transport. One of the reasons Governments have to intervene in energy markets is that the market does not adequately price external costs such as environmental damages...
See also:
http://www.freembtranslations.net
http://www.climateandcapitalism.com
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