22 Mar '12, 11am

Green Budget 2012: Barker hails budget's “crystal clear commitment” to green

Climate Minister Greg Barker has heralded yesterday's Budget as clear evidence of the government's "unwavering commitment" to the renewables sector, arguing that it should lay to rest speculation that Chancellor George Osborne is luke warm towards the green economy. The Budget was widely criticised by green groups yesterday, who accused Osborne of undermining the low carbon economy by handing £3bn in tax breaks to the oil and gas industry and offering no significant new measures to drive green growth. FURTHER READING Green Budget 2012 - All the latest Green Budget 2012: Is the solar sector being singled out for rough treatment? But speaking to BusinessGreen , Barker countered that Osborne's clear indication that renewables will play a "crucial" role in the UK's energy mix, coupled with a host of business-friendly measures, would provide a major boost to the green economy. ...

Full article: http://www.businessgreen.com/bg/news/2162914/green-budget...

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