Growth in green energy backing
Friday 30 December 2011
Investment by companies into renewable energy projects in the UK has risen sharply this year but is still well down on 2009 levels.
The Government said £2.5bn of new, privately funded projects had been announced since April. That marks an improvement on the £2.1bn measured in the whole of 2010 by research group Pew Environment. The projects will create nearly 12,000 jobs across the country.
Companies held off investing in new projects in 2010 because of uncertainty around the policies of the new Government. However, with more details published, the investment taps appear to be turning back on.
Levels of investment are still far from the £7.1bn levels recorded by Pew in 2009.
Shadow Energy Secretary Caroline Flint said: "The UK has fallen from third to 13th in the world for investment in green growth, behind countries like Brazil and India."
David Cameron: 'Jesus invented the Big Society – I'm just continuing God's work'
US Navy christens huge $3 billion destroyer ship USS Zumwalt that appears as a fishing boat on enemy radar
Nigel Farage fatigue? Half of voters ‘immune’ to Ukip’s appeal
Nigel Farage on Have I Got News For You: Ukip leader ridiculed over expenses and party 'fruitcakes'
Ukip and Nigel Farage on the up over Maria Miller furore and 'Sexminster' culture
Refugee facing deportation from Sweden saved by fellow passengers refusing to let plane leave
- 1 Refugee facing deportation from Sweden saved by fellow passengers refusing to let plane leave
- 2 Naked yoga: the bare truth - it's already big in the US, and has now landed here
- 3 24 people applied for the 'world's toughest job', here are their interviews
- 4 What's in the safe? Man live-photographs cracking of mysterious locked box on Reddit
- 5 Drugs giant GlaxoSmithKline bribed doctors to boost sales, says whistleblower