Library filed under Taxes & Subsidies from Europe

UK government axes funding for Green Deal

The Green Deal was launched by the previous coalition government to encourage people to borrow money to make the UK’s notoriously draughty homes more energy efficient. ...But take-up has been low amid concerns that the programme was overly complicated and the interest rates charged for loans were too high.
24 Jul 2015

Government faces multi-billion pound black hole in budget to pay for clean energy supplies - which could mean your electricity bill rises

Under the scheme, everyone – from a household who decided to put a solar panel on the roof to the developer of an offshore wind farm – was guaranteed a premium on top of the market price for electricity, to help encourage the development of renewables. ...due to a decline in the wholesale price of oil and gas, as well as higher than expected installation of home solar panels, this budget of £7.6bn per year has already been busted by more than 20 per cent.
16 Jul 2015

Wind industry makes last-ditch effort to save subsidies

The plans, expected to be unveiled within days, are designed to implement the Conservatives’ manifesto pledge to end any new public subsidy for onshore wind farms. The wind industry on Sunday stepped up last-ditch lobbying to try to save the subsidies, insisting onshore wind was the cheapest green energy option and popular with the public.
1 Jun 2015

Tory victory a huge blow to UK green energy industry, campaigners warn

The new Government says it is committed to long-term and legally binding goals to cut carbon emissions. However, it has consistently emphasised the key role it expects improvements in energy efficiency – as opposed to green energy – to play in hitting those targets. It has also insisted that renewable power – which remains more expensive than fossil-fuel power – must be “cost-effective”.
10 May 2015

http://www.windaction.org/posts?location=Europe&p=4&topic=Taxes+%26+Subsidies
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