The Government finally switches on to a clean growth strategy

Share

Wednesday saw the UK Government launch its new Clean Growth Strategy which sets out how to grow the national economy while simultaneously cutting greenhouse gas emissions. The new strategy is claimed to ensure that the whole country can benefit from new technologies, jobs and businesses that are good for consumers, the environment and the economy.

Scottish Renewables and the Renewable Energy Association (REA) have both welcomed the United Kingdom government's Clean Growth Strategy but expressed disappointment there is no commitment to allow onshore wind and solar to compete for price support with other renewables.

"Clean Growth is at the heart of the Industrial Strategy, and the United Kingdom government is determined to unlock opportunities across the United Kingdom, while cutting carbon emissions as the world moves to towards a low carbon future".

On Oct. 12, the United Kingdom government released its Clean Growth Strategy, which aims to cut carbon emissions while driving economic growth.

"The world is moving from being powered by polluting fossil fuels to clean energy".

Analyst's Viewpoint About MagneGas Corporation (MNGA), Twenty-First Century Fox, Inc. (FOXA)
Therefore 58% are positive. 08/17/2016 - Twenty-First Century Fox, Inc . had its "hold" rating reiterated by analysts at Argus. The company reported $0.54 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.06.

The government confirmed its commitment to work with industry on an "ambitious" sector deal for offshore wind, which could result in 10 gigawatts of new capacity, with the opportunity for additional deployment if this is cost effective, built in the 2020s.

Conservative Party ministers chose a converted warehouse deep in East London yesterday to outline a multi-billion pound, decades long plan to power economic growth.

The £2.5 billion of existing government spending includes up to £505 million from the BEIS's Energy Innovation Program, which aims to accelerate the commercialization of innovative clean energy technologies and progresses.

The government in the United Kingdom has published its long-awaited and much anticipated Clean Growth Strategy, which includes a "sector deal" for offshore wind that could see more than 10 GW of new offshore wind capacity developed.

Scottish Secretary David Mundell said: "This UK government investment is vital in realising the potential of less established renewable technologies, as well as providing Scottish jobs in the projects supported. Onshore wind is the cheapest form of new power generation, and it would be exciting to see what projects in the right places could deliver for United Kingdom consumers".

Share