Quantcast
Channel: Environment – Samizdata
Viewing all articles
Browse latest Browse all 136

You keep using that word “economy”. I do not think it means what you think it means.

$
0
0

“UK green economy has shrunk since 2014”, laments the Guardian.

The number of people employed in the “low carbon and renewable energy economy” declined by more than 11,000 to 235,900 between 2014 and 2018, according to the Office for National Statistics (ONS). Green businesses fared little better, seeing their numbers drop from an estimated 93,500 to 88,500 over the same four-year period.

[…]

Critics of the Conservative government’s record of support for the low carbon and renewables sector blamed the Treasury’s dramatic cut in subsidies to the solar power industry for the sudden loss of employment.

Solar panel installers were among the many businesses connected to the industry that went bust after the Treasury cut subsidy payments by 65% in 2015 before abolishing them altogether last year.

Obligatory “Princess Bride” clip for those benighted souls who haven’t seen it.


Viewing all articles
Browse latest Browse all 136

Trending Articles