Investment in renewable energy has halved in three years

3rd December 2012

The Independent has reported that "alarming" new research shows that investment in essential industrial-scale wind, water, solar, biomass and nuclear power projects has more than halved in the past three years, in the face of government indecision over its green energy policy.

Andrew Raingold, Executive Director of the Aldersgate Group, told the paper that: “Delaying key decisions such as the decarbonisation target for 2030 risks damaging the UK’s future economic prospects and leaving the consumers over-exposed to the price and energy security risks of heavy dependence on imported gas.”