The Carbon and Energy Fund is hardly a new idea

It appears that we are doing nothing new, but perhaps the fees have dropped

“We will leave a steam engine free of charge to you. We will install these and will

take over for five years the customer service. We guarantee you that the coal for

the machine costs less, than you must spend at present at fodder on the

horses, which do the same work. And everything that we require of you, is that you

give us a third of the money, which you save.” [James Watt, 1736-1819]

steam engine

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