UK renewable energy subsidies capped at £200m a year

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3rdRock

UK renewable energy subsidies capped at £200m a year

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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/ ... 00m-a-year
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emordnilap
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Post by emordnilap »

We musn't jeopardise pro-fracking MPs' livelihoods.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
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