A few years back I put my savings into the Stroud and Swindon Building Society. It gave a good return. The Stroud branch was a dusty and shabby relic from the 1970s. The good times didn't last and while the boss got a £334,550 pay-off I ended up with half a percent interest.
Now the building is being refurbished for Ecotricity and giving it a much needed makeover. It is beginning to look very fine.
In case you don't know, Ecotricity are responsible for many of the wind turbines going up around the country. Now certain people around here hate wind turbines because it will mess up their panoramic photographs they sell as Giclée prints. They would cite people like Prof. Robert Carter to support their claim that global warming is not caused by humans. However, many of his assertions can be shown not to match the evidence. Besides that there is the fact that even if we can continue to burn fossil fuels without guilt, these fuels are going to run out. We are already importing coal and relying on Russia for our gas and this is a poor state of affairs.
So here is your chance to help make more wind turbines. Ecotricity have four year Eco Bonds that pay a very generous annual 7%. How do they do this? Where is the catch? I have no idea, it is a matter to discuss with your financial advisor. The money invested goes into financing development of more green energy. The return is about double the Stroud and Swindon's best rate. This is only open until December 10 so you have to hurry.
I have the feeling that some of my money will return to the same building. I hope this time Dale will look after my money a bit better than the Stroud and Swindon.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment