H/T to Richard Betts for this story.
Barclays claims a third of the UK's estimated 200,000 farmers (37%) will invest in renewable energy as it launches a new £100M fund to bankroll potential projects today (August 30).
The funding, which has been planned with support from organisations including the influential National Farmers Union (NFU), is aimed at helping farmers install all renewable technologies with Barclays including projected feed-in-tariffs (FITs) when assessing each loan.
So not only do we have to pay farmers through the nose via the Common Agricultural Policy but we have to pay them again via feed-in tariffs.
This will end badly.