Thursday, 12 May 2011

U.K. Submits 12 Applications to Tap $6.5 Billion in EU Clean Energy Funds

Bloomberg
"“Taking forward these sorts of technologies will be crucial to our move to a low-carbon economy, providing green jobs as well as helping us lower emissions and increase energy security,” Energy Minister Charles Hendry said. "
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"Either way, it is going to cost a lot more than that, as the knock-on effects are going to do serious damage to every economy in Europe, including our own. You would think, therefore, that the UK would be battening down the hatches, trying to minimise the effects of the fall-out. But not a bit of it. We are still chasing hair-brained schemes that can only do more damage to the economy." (Dr Richard North)

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