Chancellor Alistair Darling has pledged £400m new funding to boost companies involved in clean technology and home owners using renewable energy.
In his Pre-Budget Report today, Darling says he will support £120m of public and private investment in low carbon projects, as well as doubling the commitment to invest in carbon capture and storage. He also promises to invest £100m in the European Investment Bank's '2020' fund, which will help finance green industries. Darling also announced a number measures to help households reduce carbon emissions. Smart-metering will be completed by 2020, and from April, the Government will provide an extra £200m to help another 75,000 houses improve energy efficiency. In addition, from Ap...
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