Posted on 10/13/2019 12:51:41 PM PDT by RummyChick
The Queen and Prince Charles could make more than £100million a year from the huge expansion of offshore windfarms – thanks to a change in the way that the monarchy is funded.
The green energy earnings of the Royal Family are being significantly boosted by an auction, which formally began last week, for the biggest offshore windpower development in the world.
If they were still being paid by the long-established Civil List, the Royals would not have benefited.
...
Prince Charles is a vociferous campaigner for renewable energy sources but is opposed to turbines being erected on land – particularly near his own homes.
He has described windfarms as a 'horrendous blot on the landscape' and has refused to have any built at his Highgrove estate in Gloucestershire or on the Duchy of Cornwall estate. He has, however, expressed enthusiasm for siting them offshore.
The auction of seabed licences is the first for ten years and is expected to be highly competitive as companies seek to develop projects in UK waters, the world's biggest market for offshore wind.
The Mail on Sunday revealed in 2010 how the boost to Royal finances had quietly slipped through as part of that year's Comprehensive Spending Review.
In what one source described last night as a 'masterstroke' by Prince Charles's then closest adviser Sir Michael Peat, 250 years of history was overturned by scrapping the arrangement under which taxpayers' money was been used to fund the Royals and pay for the upkeep of their palaces.
Industry experts believe if the Government's wind energy target – to source a third of electricity from offshore wind by 2030 – is met, the Queen could collect more than £100 million annually.
(Excerpt) Read more at dailymail.co.uk ...
they can not lose....
and yet we still have people defending the "producer" class which is just a laugh....
the rich stay rich and allow certain underlings into their club when and if they follow the "rules" of the elite.
There is money to be attained. I chose not to say “made” or “earned”. It’ll keep hairy and megun flying on private jets for the near future.
Follow the money....
So-called “Climate Change” should be renamed as “Grifting for Fun and Profit.”
lol
I believe the term is “Ill-gotten lucre”.
It’s a weird setup.
The Crown Estate is the one that gets that money and it is for the Monarch but the revenues don’t belong to the Monarch. Dont really understand it but Markel never going to see that money.
https://www.newsweek.com/royal-finances-explained-queen-elizabeth-ii-money-1445682
Since 2016, the Royal Household has received the equivalent of 25 percent of the Crown Estate net income each year. Official documents released Tuesday show the sovereign received £82 million ($105 million) for the 2019-20 year.
That sucking sound we hear is a massive, pulsating parasite straddling the globe sucking out the very life of the masses of people. It’s a voracious vampire with its fangs sunk into the necks of us all. Of course when it has gorged itself on our blood and there’s nothing left it will disintegrate hideously and fall into the abyss.
“That sucking sound we hear is a massive, pulsating parasite straddling the globe sucking out the very life of the masses of people.”
I hope that America and the rest of the world can recognize the parasitic robbery of their very future and that we rise up to rain fire on the parasitic class so that it dislodges and falls off to its death.
Although the queen is a model of dignity and class, when she retires the monarchy should be abolished. Inheritance of governing power is outdated.
Me-Again is a waste of oxygen. That’s the worst climate change the UK has seen in decades.
No different than Biden, Hillary, Obama, Pelosi cashin in
I predict that once the Queen has passed you will not see the monarch survive.
“I predict that once the Queen has passed you will not see the monarch survive”.
I agree. Besides, at the rate the Muzzies are taking over, most remaining Royals will need to relocate to Canada or the USA. Muzzies will be living in their palaces.
What governing power? This isn’t the 1770’s.
I knew Prince Charles was pitching environmental alchemy
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