A FORMER MEP has attributed a “huge financial gain” to Prince Charles’s interest in renewable energy.
Businessman and former MEP Lance Forman, referring to Her Majesty The Queen’s ownership of the British coastline, pointed at the gains the Royal Family makes through its seabed plots as a motive for Charles, Prince of Wales’s engagement in sustainability matters.
Mr Forman said on Twitter, where he amasses nearly 23 thousand followers: “The Royal Family will gain over £2billion in the next ten years from renting coastal seabeds to wind-farm operators.
“Nothing wrong with that – but people should be aware that whilst Charles is so keen on renewables there’s also a huge financial gain for him.
“Transparency please.”
It emerged in February the Queen and the Treasury could receive an offshore windfarm windfall of up to £9billion over the next ten years, as an auction of seabed plots attracted runaway bids from energy companies.
While the Queen has owned the British coastline since the existence of the Monarchy, the right to collect royalties from wind and wave power was only granted in 2004, under Tony Blair’s Labour government. Read more: https://www.express.co.uk/news/royal/1522164/Prince-Charles-news-financial-gain-climate-change-renewable-energy-Royal-Family?fbclid=IwAR0dPJSsWTr51mrbxvV2IEGDVbfUTtqrAEYyLuWZI43aZqK0ds-k-fm9b8w
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