Articles filed under Taxes & Subsidies from UK

Firms jump on the green bandwagon

Green issues are no longer the preserve of sandal-wearing activists. They have entered the mainstream business world and galloped up the boardroom agenda. At the same time, booming markets for trading carbon credits, effectively created by the Kyoto treaty in 1997, have attracted scores of investors focusing on green- energy projects.
17 Sep 2006

Renewable energy fund announced

A £6m fund to boost renewable energy in the east of Scotland has been unveiled by the Scottish Executive. It came as Deputy First Minister Nicol Stephen said more Scots companies should be branching into the sector. The Sigma Sustainable Energies Fund, backed by the public and private sector, will see successful companies receive as much as £500,000.
6 Sep 2006

Scottish Renewables Funding Sparks A Row

Deputy First Minister Nicol Stephen announced some extra funding for green energy systems in Scotland's homes recently, during the launch of a SCHRI-funded water-sourced heat pump at New Lanark Heritage Site. The £3m over two years will go to the Scottish Community and Householder Renewables Initiative (SCHRI) to fund small-scale projects.
17 May 2006

Public subsidies spark criticism

WEST Devon and Torridge MP Geoffrey Cox has launched a probe into the amount of public money spent by the Government to subsidise companies who develop wind farms. Mr Cox's Parliamentary Questions will form part of the latest stage in his campaign in support of the thousands of local residents who object to the siting of two wind farms in his constituency.
19 Jan 2006

The winds of change are still too costly for E.ON

E.ON UK has delayed construction on two of its 100MW offshore wind farms, stating the schemes are not financially viable. This is a problem for the company, as it needs renewable power assets to meet its renewables obligation. For offshore wind as a whole this is a major blow, as it suggests that the renewables obligation is not providing enough of a subsidy to cover the economics of new farms.
12 Dec 2005

https://www.windaction.org/posts?location=UK&p=20&topic=Taxes+%26+Subsidies&type=Article
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