Imagine a future in which Europe derives virtually all its power from thousands of windmills and other sources of renewable energy.”

The FT’s Joshua Chaffin calls the renewable energy scenario in the EU’s upcoming Energy Roadmap a "fairytale" and warns that ultimately consumers will have to pay the price for the low-carbon future. Problem is, Joshua, that continuing to rely on "extreme" or unconventional fossil fuel energy will be no less than a "nightmare" (for climate, environment and also in price we will pay for our energy). Sometimes fairy tales do come true.