15 Feb '12, 1am

Government urged to boost tax breaks for community energy schemes

Government departments should work more closely to promote community renewable energy schemes, including offering tax breaks to usher in "a truly transformative capitalism which places the market back into the hands of the people". That is the conclusion of a new report by the influential centre-right think tank Respublica , which sets out a series of 10 recommendations for government to increase the number of community-led microgeneration schemes , such as solar installations, small wind farms, and hydro electric turbines. FURTHER READING North York Moors community hydro scheme surges forward Bats, birds and bees boost Bloomsbury businesses' biodiversity The report, which has been endorsed by Friends of the Earth, warns that larger private investors and richer homeowners who have enough money to invest in their properties have so far benefitted disproportionately from the...

Full article: http://www.businessgreen.com/bg/news/2152345/government-u...

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