so have we changed chancellor since george osborne approved using taxpayers money to guarantee Drax's conversion projects can go ahead then?
The Chancellor of the Exchequer, George Osborne, said:
I am very pleased that the development of Drax has been able to benefit from the UK Guarantees Scheme. This is another example of how we are using the credibility Britain has earned through its determination to deal with its deficit to support investment in the economy.
https://www.gov.uk/government/news/drax-biomass-backed-by-uk-guarantee
i think this thread lost its direction, if it ever had one, a long time ago and has become rather bizarre. it started with your supposed concern about the cost impact on lower/middle income families of the green economy. since then you've declared support for what has been described as the largest subsidised project in energy history (edf nuclear) and yet you're championing the chancellor of the government that approved it (what happened to your concern for lower/middle income families? disappeared very quickly didn't it?). you champion him (above) on the back of his supposed opposition to drax biomass conversion despite the fact that he not only approved it, but is using taxpayers money to ensure the profit making capability of a private company not just through a subsidy but through guaranteeing debt payments of the project for virtually no upside (is that helping lower/middle income families)? and your opposition to drax's scheme no longer appears to be on price (as you'd look hypocritical having declared higher support for nuclear) but instead you're jumping on a green bandwagon critique (you of all people!) regarding sustainability as if you were a green activist. and if you and the greens are right on that and there's not enough wood to source drax projects over 15 years, it means your champion chancellor has fucked up royally in putting taxpayers money at risk twice over.
here's the alternate view from drax on sustainability by the way, which of course is a criteria required by the support mechanism and hence had to be closely scrutinised by george's department before he gave his support. this is only to balance your detailed one line analysis above
http://www.theecologist.org/reply/2897163/biomass_for_energy_is_the_common_sense_option.html