Green Subsidy Cuts: UK Investors Had Been Warned

Britain Faces Multi-Billion Black Hole In Renewables Subsidies

By Guest Column Dr. Benny Peiser—— Bio and Archives--July 16, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

The Government is facing a multi-billion pound black hole in its budget to pay for new clean energy supplies, which could result in rising household electricity bills unless there is a dramatic decline in investment in renewable technologies. Senior Whitehall sources have told The Independent that the Department of Energy and Climate Change has already overspent its budget by £1.5bn to support renewable energy projects over the next five years.

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