Sunday, 3 June 2012

George Osborne demands massive cuts to windfarm subsidies | Politics | The Observer

George Osborne demands massive cuts to windfarm subsidies | Politics | The Observer: "Plans for dramatic cuts in government subsidies for onshore windfarms are being drawn up by the Treasury in a move that seriously undermines David Cameron's claim to be running "the greenest government ever".

The Observer has learned that George Osborne is demanding cuts of 25% in subsidies, a reduction the industry says would "kill dead" the development of wind power sites. The Treasury's stance has put the chancellor at loggerheads with the Liberal Democrat energy secretary Ed Davey, whose party strongly supports more renewable energy."

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