UK Treasury ‘actively undermining’ renewables industry

The UK Treasury is “actively undermining” the renewables sector in the country despite its potential for growth, the WWF said. The comment was made after UK Ministers failed to reach […]

By Priyanka Shrestha

The UK Treasury is “actively undermining” the renewables sector in the country despite its potential for growth, the WWF said.

The comment was made after UK Ministers failed to reach an agreement today on the proposals for renewable energy, risking delays in projects to help Britain reach its 2020 target.

A DECC spokesperson said: “We will not be making an announcement today. We will bring forward the proposals in due course as we are discussing and finalising the details.”

In response, Jenny Banks Energy Policy Officer at WWF-UK said: “It appears that Treasury are actively seeking to undermine the renewables industry. It’s ironic given this sector is the one shining beacon of potential growth and job creation.

“Wind power is the cheapest of the low carbon technologies and by delaying this announcement the Government is undermining investment in this key growth industry, forcing the UK to rely on more expensive and polluting forms of generation.”

Britain has a target of generating 15% of its energy consumption from renewable sources by 2020.