Dale Vince, founder of the world's first green energy company, Ecotricity, says that the British government is ending renewable energy subsidies in a move that could kill the sector. Vince argues that the government is rigging the energy markets in favour of fossil fuels and nuclear energy. The IMF has shown that Britain’s fossil fuel industry received 10,000 times more subsidies than the renewable energy industry. Vince claims that Britian is now at the bottom of the European league table for renewable energy, along with Malta and Luxembourg.
Dale Vince, founder of the world's first green energy company, Ecotricity, says that the British government is ending renewable energy subsidies in a move that could kill the sector. Vince argues that the government is rigging the energy markets in favour of fossil fuels and nuclear energy. The IMF has shown that Britain’s fossil fuel industry received seven times more subsidies than the renewable energy industry. Vince claims that Britian is now at the bottom of the European league table for renewable energy, along with Malta and Luxembourg.