Wednesday, February 8, 2012

"Going for Growth Means Going Green"

Clegg leads wind power subsidies fightback
8 February 2012 - A fightback led by Nick Clegg has emerged against Conservative MP opposition to government subsidies to support wind power

A ‘dramatic cut’ in subsidies has been called for in a letter to the prime minister signed by more than 100 Tory backbenchers, as well as new planning rules to make it easier for local communities to object to them. But the deputy prime minister defended subsidies to help renewable energy compete with fossil fuels.

“The race is on to lead the world in clean, green energy,” Clegg said at his first public event with the new Liberal Democrat climate secretary, Ed Davey.

“Last year we saw record-breaking global investment in renewables, outstripping the cash piled into fossil fuels.”

“The new economic powerhouses – China, India, Korea, Brazil – are now serious contenders for that capital. In today’s world, the savviest states understand that going for growth means going green.”

“Low-carbon markets are the next frontier in the battle for global pre-eminence. I want the UK to be the number one destination for green investment. We’re in this race to win it.” read more>>>

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