In response to the Autumn Statement, Max Wakefield, lead campaigner at climate change charity 10:10 said -
“Whilst we welcome the decision to retain the Carbon Price Floor, it must be coupled with a commitment to invest in clean, low cost energy sources like onshore wind. With renewable investment set to fall 96% by 2021, the Chancellor needs to right his predecessor’s wrongs and focus his new infrastructure drive on cheap, home grown renewable energy.
Our future industrial prosperity will be powered by a clean, smart energy system. We know it, the Department for Business, Energy and Industrial Strategy has said it and now the Treasury must get behind it. That means the government must stop blocking onshore wind and start backing the cheapest forms of new, low carbon energy.”
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Notes to editors:
10:10 brings communities together to take practical action on climate change http://1010uk.org/.
In 2020 projected renewables investment is set to be 96% down on its peak https://greenallianceblog.org.uk/2016/11/16/why-the-treasury-should-go-for-low-carbon-infrastructure-regardless-of-climate-change/