It's all very well for certain institutional investors to moan about scrapping the Renewable Energy Target (RET). As investors, the possibility should have been taken into account when they analysed their investments in various RET schemes, prior to entry into these high risk schemes.

The fact alone that major subsidies are required to make these alternative energy schemes work should have raised some signals pointing to high risk. Furthermore, none of the alternative energy generators has shown yet that they would be better in the long run than conventional tried and true operations.

Perhaps the IGCC should disband or hang its collective head in shame.

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