Friday, November 23, 2012

UK energy deal triples renewable subsidy by 2020

Reuters: British government support for low-carbon electricity generation will triple by 2020 after the energy and finance ministries on Friday reached a deal over costly reforms. The agreement is expected to boost the share of renewables in Britain's energy mix to 30 percent by 2020, outpacing European Union targets of 20 percent, and create thousands of new jobs. "Today we've reached a landmark agreement on energy policy that's going to deliver a clear, durable signal to investors," British Prime...

URL: http://www.reuters.com/article/2012/11/23/us-energy-subsidy-idUSBRE8AM0ML20121123?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29

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