By Paul Homewood
Booker has a round up of our energy policy farce this week:
The oddest thing about the political crisis gripping Northern Ireland was what triggered it. In 2012, under an EU ruling that burning wood was “carbon neutral”, the Northern Irish government, led by Arlene Foster and Martin McGuinness, adopted a “green” scheme introduced by the UK the previous year, the Renewable Heat Incentive (RHI), offering lavish subsidies to businesses to use wood chips to heat their premises.
RHI was launched in Belfast without any control over how the money was spent. When businesses discovered that they could be paid £160 for every £100 they spent on wood, so many signed up, even using it to heat empty buildings, that, by 2020, it was estimated, the bill to UK taxpayers could have risen to £1 billion.
But this is only one of the countless unforeseen…
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