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Renewable Heat Incentive Scheme (Amendment) Regulations (Northern Ireland) 2017

Part of Executive Committee Business – in the Northern Ireland Assembly at 3:00 pm on 23rd January 2017.

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Photo of Paul Frew Paul Frew DUP 3:00 pm, 23rd January 2017

I thank the Member for her intervention. She is exactly right, but let me tell her and the House this: all incentive schemes are about profit. When you have a renewables obligation certificate (ROC) scheme in place, you get money to generate electricity to the point at which it is free. That is a profit; there is no other way of dressing that up. That is what an incentive scheme is and was, and it has spread right across western Europe.