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Osborne slammed by MPs over “counterproductive” green message

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Environmental Audit Committee criticises chancellor for putting off green investors

An influential cross-party group of MPs has slammed George Osborne for giving “counterproductive” messages to green infrastructure investors.

George Osborne

George Osborne

The Environmental Audit Committee published a report this week urging the chancellor to “reflect on his comments that present the ‘environment’ in opposition to the ‘economy’”.

“They are wrong and counterproductive,” the committee said. “Mixed messages from the government on energy policy are undermining investor confidence in the green economy.”

The committee urged the Treasury to show its support for Department of Energy and Climate Change’s recently published energy efficiency strategy.

“It should set out the costs of the measures in the strategy and identify the extent to which these will have to be met from within DECC’s existing budgets,” it said.

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Readers' comments (1)

  • Building wind turbines with limited lifespan, sporadic in operation, in hostile marine environments and in places with hithertoo 'unspoilt' views and that require 100% back up from the National Grid is in opposition to the economy as it is a waste of resources and will be a maintenance burden -its not rocket science. By the way, solar energy is fine during the daylight hours but otherwise quite useless - someone who can invent a similar sort of power from the dark night sky may well square the circle!

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