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UK renewable energy subsidies capped at 200m a year

 
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3rdRock
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PostPosted: Thu Jul 24, 2014 1:29 pm    Post subject: UK renewable energy subsidies capped at 200m a year Reply with quote

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A ceiling of 200m a year will be placed on subsidies to some of the major forms of renewable energy from this autumn, affecting the funding of large-scale low-carbon installations from wind and solar farms to biomass-burning power plants.

The money will be available under the coalition's new contracts for difference, which subsidise renewable energy companies who offer electricity at a lower rate of carbon emissions than fossil fuel generators, and are paid for by levies on household energy bills.

http://www.theguardian.com/environment/2014/jul/24/uk-renewable-energy-subsidies-capped-at-200m-a-year
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PostPosted: Thu Jul 24, 2014 2:06 pm    Post subject: Reply with quote

We musn't jeopardise pro-fracking MPs' livelihoods.
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