Vulture capitalism

Scotsman: Wind Farm Businessman One of Labour's Biggest Donors

A venture capitalist with a major interest in the wind farm industry was one of the biggest donors to the Labour Party during the General Election campaign, it has emerged.

Nigel Doughty, whose investment company Doughty Hanson owns the Danish firm LM Glasfiber, a major wind turbine manufacturer, gave the party £250,000 after a dinner with Tony Blair held for potential donors earlier this year.

The wind farm industry is expected to expand swiftly over the next few years as ministers seek to encourage the development of renewable energy sources.

Can you imagine the fuss that would be kicked up if Nigel Doughty owned shares in BNFL? Strange there's no mention of this story on the BBC News website.

Oh, hang on a second, what's this?

Observer: 2,000 more wind turbines in countryside

A massive expansion of wind power involving thousands of new turbines will go ahead despite increasingly bitter wrangling over claims that they are despoiling Britain's countryside.

In his first speech since becoming energy minister, Malcolm Wicks, will offer unequivocal backing to the green lobby by insisting it is 'vital' the government rides out vocal opposition to windfarms and sticks with wind energy.

Didn't see that one in the Labour manifesto!