An interesting (?) concept from renewables promoters here, partly to boost ‘innovative’ (generally expensive) technologies. We’re supposed to believe that bigger subsidies, or ‘fiscal incentives’, will lead to lower bills.
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The energy sector is ramping up pressure on the government to bolster investment in green projects, with Renewable UK the latest to raise concerns the country could be overtaken by rivals such as the US and EU, reports City AM.
The industry body, which supports wind and tidal energy, has called on Downing Street to bring in fiscal incentives such as new capital allowances for renewable technology.
It also favours sustained supply chain investment in the UK to expand green jobs, and speeding up the planning process – with offshore wind developers waiting an average of five years for planning approval under current restrictions, and some projects taking up to a decade to secure a grid…
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Utopia, you are standing in it! 
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