Sorry, if you feel bitten
Interesting letter Craig, a little beyond my understanding I am afraid (Corner a dog and he comes out biting, SN, 24 May 13).
I was unaware I was cornered, a mad dog? Perhaps … I am so sorry, if you feel bitten; that was not my intention.
I do note however, you have chosen not to answer any of the points I made. That should be simple for you; they are numbered 1 to 4. I list them again:
- Scottish and Southern Energy (Partner to VE) was regarded as honest by most at that time, but now found wanting at every management level as a profiteering and inequitable company. Fined by Ofgem (£10 million) for extensive mis-selling;
- Onshore wind farms on deep peat found unlikely to reduce atmospheric CO2. Most recent research by Scottish Government 2013;
- Profit figures of £25 million towards the Shetland community are a total fiction; a blatant speculative lie, propagated by the management of VE. The only way this figure could be achieved would be an annual £25 million reduction in transmission charges! And ROC subsidies to remain at present levels (highly unlikely);
- Cost of interconnector underestimates by a factor of three, now estimated at a cost of £1billion,and not to be constructed for a further three years, if ever.
In answer to your last point about of your letter, about the trust holding 45 per cent of Viking Energy; that asset is a bit dubious. If Viking is not tenable 45 per cent of nothing is unfortunately worth nothing. Not a very clever investment and not much to sell after an investment of £10 million plus!!
Ian Tinkler
Clousta
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