Investment in low carbon technologies was at the heart of the Budget delivered by the Chancellor today.
Major low carbon components of todays Budget are:
* Green Investment Bank
The new Green Investment Bank for Low Carbon Development announced by the Chancellor today will be a major step in overcoming the finance challenge confronting infrastructure projects in the UK. The Government says this will be particularly important for the energy sector given the scale of the investment needed to bring forward low carbon electricity, and will have an early focus on offshore wind.
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