John Cridland, the Director-General of the Confederation of British Industry (Government), explained that "the roll-back of renewables policies and the mixed messages on energy efficiency, the government risks are sending a worrying signal to businesses." The CBI's announcement to cut renewable energy subsidies has removed investor confidence, and until replacement policies are announced, firms and investors will remain uncertain about the future of the green economy in the UK.
John Cridland, the Director-General of the Confederation of British Industry (CBI), explained that "the roll-back of renewables policies and the mixed messages on energy efficiency, the government risks are sending a worrying signal to businesses." The Government's announcement to cut renewable energy subsidies has removed investor confidence, and until replacement policies are announced, firms and investors will remain uncertain about the future of the green economy in the UK.