I wonder why (via Paul Homewood)
Two clean energy firms go bust within hours ‘because of Tory U-turn on energy policy’
Two of the UK’s leading clean energy companies have gone into administration on the same day, blaming the Government’s U-turn on energy policy.
Nearly 1,000 staff were laid off in Leicester yesterday as home insulation and solar panel provider, Mark Group, fell into administration.
Within hours Climate Energy, which describes itself as “the UK’s largest provider of energy efficiency solutions†had also closed down, announcing the news on their website.
Mark Group blamed the closure on the government’s recent turnaround on energy policy including the removal of subsidies to renewables.
Huh. So, as Paul Homewood points out “Take away the subsidies and see what happens.” We aren’t talking tax breaks, we’re talking direct government monetary input
Subsidy: a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
Air America, liberals version of talk radio, couldn’t survive without direct and massive input of rich liberals money. They couldn’t survive otherwise. Their advertising revenue was minuscule. The same applies to a goodly chunk of these “green energy” companies, which cannot survive without government, ie, taxpayer, money.
