Treasury accused of "actively undermining" renewables industry with subsidy delay

James S Murray
clock

Industry insiders warn of shelved projects, lost jobs, increased capital costs and soaring political risk as a result of delay to RO banding decision

The renewable energy industry has united in condemning today's decision by the government to delay a crucial ruling on subsidy levels for the sector, warning the move is undermining investor confidence...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Politics

Green business leaders recognised in New Year Honours List

Green business leaders recognised in New Year Honours List

CEOs, politicians, civil servants, and green campaigners among those honoured for services to business and the environment

James Murray
clock 31 December 2024 • 4 min read
North Wales is teeming with potential to help the UK reach net zero

North Wales is teeming with potential to help the UK reach net zero

With Labour governments in both Westminster and Wales, there is now a real opportunity to deliver positive, green investment into North Wales, writes Clwyd East MP Becky Gittins

Becky Gittins MP
clock 24 December 2024 • 4 min read
Electric vehicles will drive the UK to net zero – but not without firm commitment

Electric vehicles will drive the UK to net zero – but not without firm commitment

If we want the UK to be a global leader in clean transport and support domestic automotive production, we cannot afford to keep wavering on net zero targets, writes Lib Dem MP Wera Hobhouse

Wera Hobhouse MP
clock 23 December 2024 • 5 min read