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UK govt to exempt polluting industries from contributing to renewables, and cuts subsidies to wind and dolar

Independent 20th July 2017, The Government is planning to give some of the UK’s most polluting
industries a £130m exemption from helping to fund new renewable
technologies, which will “heap costs” onto small companies and households,
environmentalists have warned.

Subsidies for the two cheapest forms of green electricity, onshore wind and solar, have been respectively scrapped
and slashed to the bone, but financial support is still available for
offshore wind and other emerging technologies – to a large degree because
of the potential benefits to the economy.

This is funded by electricity bill payers and the Government has expressed concern about the effect on
“energy intensive industries”. According to the new plan, these companies
would be given an exemption because having to pay extra “can undermine
competitiveness”.

However Gareth Redmond-King, head of climate and energy
policy at WWF-UK, pointed out that this “disappointing decision” would mean
other bill payers would end up paying more and reward firms that are
contributing more than most to global warming.
http://www.independent.co.uk/environment/uk-energy-intensive-pollution-companies-climate-change-fund-exemption-targets-regulation-global-a7851331.html

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July 22, 2017 - Posted by | politics, renewable, UK

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