Thread: FIT slashed
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The Natural Philosopher[_2_] The Natural Philosopher[_2_] is offline
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Andy Burns wrote:
Dave Liquorice wrote:

I don't think Harry has ever seriously pushed "saving the planet". It
is purely a financial investment with a "guaranteed" return


Given they've cut the subsidy much further and earlier than was planned,
here's hoping they cut the duration from 25 years to 10 or less.

I suspect that within 5 years government spending along with government
income will simply evaporate. When a counterparty in a contract goes
tits up, generally the contract is null and void. Or rather you get a
penny in the pound from the receiver, if anything.

So these cast iron contracts will become essentially as much use as a
Zimbabwean dollar note.