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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 hear what the Member says. Does she not realise that we are moving an incentive scheme from what could be a 60% profit to a 12% return. However, it is still a return; and it is exactly the same with wind, solar, biomass or tidal energy. Name any incentive scheme for renewable technology, and it will come down to pounds, pence and profit. That is an undeniable truth; it is what we are talking about here. We are talking about assisting businesses and households to go to a certain place that we want them to go to. Some of us might not, necessarily, want them all to go that way, but that is the case, and it has been the case —