A MAJOR European Union research study has concluded that the 'true' price of using renewable energy is actually much more competitive than usually assumed, when the costs of cleaning up the resulting pollution of fossil fuel power generation and dealing with the resulting health problems are taken into account.

Researchers concluded that the real cost of using coal and oil generated electricity is double that usually assumed by standard accounting systems, while for gas powered plants, it is 30 per cent higher than usually measured. The ...

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