Overseas investors join in criticism of UK energy bill

Guardian: Two large overseas investors in the UK energy market have joined the chorus of criticism of the government's new energy bill. The Germany-based E.ON, one of the big six electricity providers in Britain, said national subsidy schemes for renewables like the UK's contracts for difference had helped "bust" key European carbon reduction initiatives. And Norway's Statkraft, said on Wednesday it would not be able to press the button on a giant £30bn offshore wind farm on the Dogger Bank until ongoing...

URL: http://www.guardian.co.uk/environment/2012/may/23/overseas-investors-criticism-uk-energy-bill
Enclosure: http://static.guim.co.uk/sys-images/Guardian/About/General/2012/5/23/1337778875344/Wind-farm-008.jpg