SMELLS FISHY - WIND CONTRACTS AWARDED EARLY 3/10/14 58% of have - TopicsExpress

SMELLS FISHY - WIND CONTRACTS AWARDED EARLY 3/10/14 58% of have been awarded without competition £16.6 Billion mainly to offshore wind farms. The contracts give assurance to the companies that they will get a certain price, a price based on the CPI, so all the inflation risk lies with consumers and not with the contractors. Margaret Hodge: They were over-cautious,...It is very worrying that they put so much of this early money into off-shore windfarms ... They didnt even understand the underlying costs that lead to these prices that theyve agreed... Im not confident that the government is really protecting the consumer https://youtube/watch?v=O0oNZmBZAjA

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