Gov't policy dictates favourable returns from renewables

Gareth Hughes, one of the founders of CCC and its subsidiary Climate Change Advisory, says although the market dislikes investment risk tied to policies that could be changed as politics change, the issue of climate change and international treaties is unlikely to be reversed. This is the case despite US central government moves to water down commitments to agreements such as those signed at Kyoto in the past decade. Where the EU is in agreement, and directives in place are actually starting to bite – such as the one instituting a carbon emissions trading scheme, which went live on 1 ...