10 signatures reached
To: The government
Stop increasing fuel poverty
Stop or at least reduce the CfD, Contracts for Difference subsidies for wind turbines.
Why is this important?
The multi-billion subsidies for wind turbines represent a massive transfer of wealth from the poor to the rich. Amounting to an annual payment from each household of £350 and rising, they are pushing people into fuel poverty and damaging the UK economy.
The level of subsidy is sufficient to cover the construction cost of these wind turbines in just six or seven years, meaning that the subsidy payments thereafter will represent almost pure profit.
The level of subsidy is sufficient to cover the construction cost of these wind turbines in just six or seven years, meaning that the subsidy payments thereafter will represent almost pure profit.
