Posts Tagged ‘Treasury’

No subsidies for green power projects before 2025, says UK Treasury

Government accused of ‘turning their back on renewables’ after saying there will be no more money for new low-carbon levies Companies hoping to build new windfarms, solar plants and tidal lagoons, have been dealt a blow after the government said there would be no new subsidies for clean power projects until 2025 at the earliest. […]

Boris Johnson: Treasury is endangering community renewables

Mayor of London calls on the government to reconsider plans to remove tax relief for investors in community energy projects Boris Johnson has warned the Treasury it is endangering efforts by local communities around the UK to build their own renewable energy projects. In a letter to the financial secretary to the Treasury, David Gauke, […]

Treasury tax plans will ‘decimate’ UK’s community energy projects

More than 100 green groups warn that changes to tax relief on community solar and wind projects will be the ‘final nail in the coffin’ for their prospects Efforts by local communities to install their own solar panels and wind turbines will be decimated by Treasury changes to tax relief, more than 100 green energy […]

Why is the Treasury intent on sabotaging our clean energy future? | Damian Carrington

George Osborne appears utterly unwilling to give up burying landmines along the road to a low-carbon energy system. The reason why is a disturbing one Defending the indefensible is not uncommon in politics, but its rarely a winning strategy. Yet George Osborne and the Treasury appear utterly unwilling to give up burying its landmines along […]