Green Shoots in Budget Need Hard Backing

Green (Living) Review

by Michael Smith (Veshengro) Initiatives in Chancellor Alastair Darling’s credit crunch budget to kick-start carbon capture and storage (CCS) and renewable energy will be welcomed across the energy sector but will need a robust and sustained framework and investor confidence to bear fruit. Investors will require further incentives in order to opt for carbon capture, renewables and nuclear – rather than other easier, relatively low risk options.’

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