UK scraps ‘green’ costs for energy-intensive industries

• 8 years ago (2015-11-26)

Europe 1061

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In his autumn budget statement, Osborne told Parliament: “We’re going to permanently exempt our energy intensive industries… from the cost of environment tariffs, so we keep their bills down, keep them competitive and keep them here.”

These new exemptions, which contribute towards the construction of new renewable energy start-ups, will add around £5 ($7.55) per year to consumer energy bills, the government said.