21 Mar '12, 2pm

Green Budget 2012: Osborne signals UK is open for renewables business - News from BusinessGreen via @businessgreen

Chancellor George Osborne has given the strongest indication yet that he wants to see increased investment in the UK's renewable energy sector, although he stressed that new projects must be "fiscally sustainable". Speaking in his annual budget address , Osborne said he wants to see "investment in our world-leading energy sector, including renewables", adding that the government's National Infrastructure Plan set out clear priorities for investment in "roads, railways, clean energy and water, and broadband networks". FURTHER READING Green Budget 2012 – As it happens Green Budget 2012 - All the latest Osborne's words were welcomed by the renewable energy industry, which has complained in recent months that previous anti-green rhetoric from the chancellor is creating policy uncertainty, delaying investments, and driving up the cost of capital. However, in a clear nod to back...

Full article: http://www.businessgreen.com/bg/news/2162555/green-budget...

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