Wednesday, July 25, 2012

United Kingdom: Wind energy subsidy cut unveiled

BBC: The subsidy for onshore wind energy generation is to be cut by 10%, the government has announced. The Treasury is thought to have favoured a larger cut of up to 25%. It is one of a number of cuts which the Department for Energy and Climate Change said should encourage up to £25bn in new investment in energy generation between 2013 and 2017. The measures should also reduce the impact on household energy bills, it said, saving £5-£6 a year on average. Under the current arrangements £44...

URL: http://www.bbc.co.uk/news/business-18979330#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
Enclosure: http://news.bbcimg.co.uk/media/images/61791000/jpg/_61791378_turbinespa.jpg

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