United Kingdom: New subsidy rates for renewable energy announced

Guardian: New subsidy rates have been announced for renewable energy in the UK, with onshore wind escaping the worst of the mooted cuts, but worries about further uncertainty would still threaten green investment, industry figures have warned. The Department of Energy and Climate Change (Decc) predicted that the new subsidy deal – with "banding" of different rates for technologies including wind, biomass and tidal energy – would stimulate £20bn to £25bn of investment into the green energy sector over the...

URL: http://www.guardian.co.uk/environment/2012/jul/25/subsidy-rates-renewable-energy
Enclosure: http://static.guim.co.uk/sys-images/Environment/Pix/columnists/2012/7/3/1341317057870/Ban-on-wind-turbines-in-W-015.jpg