Windfall taxes are pushing up the cost of green energy projects by as much as 50pc, industry leaders have warned, as international investors take fright amid a raid on profits. Energy UK, the industry trade body, said that a windfall tax on renewable energy generators and regulatory flip-flopping is significantly increasing costs and damaging Britain’s reputation among private investors. The association warned in a report that the investment climate for UK low-carbon generation has “deteriorated significantly” in recent months, owing … read more »
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