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Energy subsidy row 'may deter UK investment’
Ministers had been due to announce revised subsidy levels for renewable energy technologies yesterday - a decision originally due in the spring but delayed amid political infighting over the scale of cuts for onshore wind farms.
July 18, 2012
by Emily Gosden
in The Telegraph
Delays and political interference in the setting of subsidies for wind farms may deter investment in the UK, energy companies have warned.
Ministers had been due to announce revised subsidy levels for renewable energy technologies yesterday - a decision originally due in the spring but delayed amid political infighting over the scale of cuts for onshore wind farms.
However The Daily Telegraph revealed yesterday that the decision had been delayed again, with Chancellor George Osborne demanding cuts of 25pc, to be phased in over several years, but Deputy Prime Minister Nick Clegg thought to insist the cut be limited to the... [continue via Web link]
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Tax Breaks & Subsidies
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