Daily Mail
"Despite a budget cut of 18 per cent at the Department of Energy and Climate Change, the coalition is using £1billion of taxpayer's money for an experimental 'green' coal fired power station with technology to capture and store carbon dioxide - reducing the UK's greenhouse gas emissions. Plans for three other demonstration plants have been shelved. There is £1billion for the new Green Investment Bank to stimulate the green economy, while £200million goes towards developing offshore wind technology and manufacturing, and upgrading ports to speed up the creation of thousands of new wind turbines at sea.There is also £860million for the Renewable Heat Incentive - a scheme designed to trigger a 10 fold rise in 'green heating' for homes and businesses over the next 10 years by encouraging solar panels and ground source heat pumps.The announcement of the cash for carbon capture and storage technology came just hours after energy giant E.ON announced it was pulling out of the competition for the funding - leaving just one shortlisted candidate, ScottishPower.
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ED: Our money down the drain, or rather into the pockets of big business.
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