The attractions of Britain for investors in renewable energy projects are at an all-time low, an authoritative new report has found. The UK routinely topped the annual league table for attractiveness to clean energy companies, run by consultancy Ernst & Young (EY), in the mid-2000s. For the first time, however, it has slid to 13th in the global rankings. Investors in renewable energy are being put off the UK by political posturing hostile to renewables and green efforts, and the slashing of government support for clean power supplies, in favour of potentially more expensive alternatives such as shale gas and nuclear power. Renewable energy investment worth tens of billions a year, and thousands of jobs, is likely to be lost by the UK as a result, the report found.
Guardian 10th May 2016 read more »