News
Wind farm subsidies to top £1bn this year
The cost of subsidies for wind farms is expected to top a billion pounds this year for the first time.
The disclosure comes ahead of a long-awaited government announcement to cut the size of the subsidy, which benefits the big energy companies but is added on to household electricity bills.
July 14, 2012
by Robert Mendick, Edward Malnick and Patrick Hennessy
in The Telegraph
The cost of subsidies for wind farms is expected to top a billion pounds this year for the first time.
The disclosure comes ahead of a long-awaited government announcement to cut the size of the subsidy, which benefits the big energy companies but is added on to household electricity bills.
The scale of the reduction was last night bogged down in Whitehall wrangling. Edward Davey, the Energy and Climate Change Secretary, was expected to make a decision before the Commons breaks up for the summer on Tuesday.
However, Whitehall sources told The Sunday Telegraph last night that discussions were "still continuing" - code... [continue via Web link]
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.

