From Ferries to Fleeces

Discussion in 'Current Affairs, News and Analysis' started by Counter-Bluffer-Ops, Sep 18, 2011.

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  1. Interesting article about how Fred Olsen was paid significant sums not to produce electricity from its wind farms during a recent spate of high winds. Another good example of how well-meaning, but misguided, initiatives distort markets and generate inefficiencies.

    Wind farm paid £1.2 million to produce no electricity - Telegraph
  2. ... and the subsidies are shared:
    where the money goes.jpg
  3. **** me! I am genuinely shocked at the fact that there are no British flags on that map.
  4. Goes some way to explaining our ever increasing utility bills. The money won't come out of the annual profits.
  5. Fred's no mug. (I work for one of his many subsidiaries).
  6. I'm a bit dim. Someone educate as to why it's not the more the merrier?