High Taxes Stand In The Way Of UK Renewable Development
Representatives of the renewable energy sector are pressing for changes ahead of this week’s budget. They say that a cap on revenue and a lack of incentives offered to oil explorers are blocking the development of renewable energy in Britain. The government has set goals to increase wind generation and become independent of imported energy following the Russian invasion of Ukraine, but could miss these targets without policy changes. Other countries being more willing to attract such investment brings about an urgency for these new standards.…
* This article was originally published here
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