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Grumpy_Git
Energy costs for gas and power in the wholesale markets are much higher for the years to come than they were before the crisis - we’re facing higher bills for years. If this scheme is structured so that, if prices fall quicker than expected, the windfall profits are used to wind up the scheme quicker at less cost to the taxpayer, then I think it would be a good one.
NB the government can borrow cheaper than the private sector, so government funding would make this scheme overall cheaper for taxpayers.