Cameron axes renewable energy grant

David Cameron, in his original incarnation as Tory leader, was an advocate of the green agenda; cycling everywhere, visiting the Arctic (albeit by plane) and fixing a wind turbine to the roof of his west London home. (No matter that he was forced to take it down due to complex planning issues).

Yet the new prime minister has just axed a major scheme (the “Low Carbon Buildings Programme”) that gave grants for households and companies to put solar panels or wind turbines on their premises. So far it has helped 20,000.

To be fair the programme had already been limited to thermal microgeneration in recent months and was destined to end next spring. It is to be replaced with the feed-in tariff system (whereby you can sell your renewable power back to the grid). Even so, it could have made a difference over the next 11 months: it’s demise is worth noting.

(DECC says it will save £34m by closing this and other unspecified business support programmes).

UPDATE: The Renewable Energy Association says:”The announcement has increased the sense of uncertainty faced by the UK’s infant renewable heat industry.”

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Jim Pickard joined the lobby team in January 2008. He has been at the Financial Times since 1999 as a regional correspondent, assistant UK news editor and property correspondent.

Kiran Stacey is an FT political correspondent, having joined the lobby in 2011. He started at the FT as a graduate trainee in 2008, working on desks including UK companies and US equity markets before taking over the FT's Energy Source blog.

Contributors

Elizabeth Rigby, the FT's chief political correspondent, joined the lobby team in September 2010. Elizabeth has worked at the FT for more than a decade and was most recently its consumer industries editor.

Helen Warrell is the FT's UK reporter, covering home affairs, crime and policing. She joined the FT in 2008 and has spent time as a reporter in the Brussels bureau and more recently, editing the paper's Asia coverage on the world news desk.

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