Partner Article
Government creating uncertainty for low carbon industries
Government indecision over the low carbon industry is creating increasing uncertainty within the sector, according to one industry expert.
Phil McVan, MD of Myriad CEG Power, the UK’s largest supplier and installer of renewable energy equipment, said: “The constant chopping and changing by Government has simply made investors sit on their hands by creating uncertainty.
“David Cameron needs to show a clear commitment to his pledge to create ‘the greenest government ever’ by giving confidence and certainty to investors and the industry. This is the only way forward if the UK is to meet its renewable energy targets and reduce carbon emissions.
He is also calling on local authorities to show more leadership on the issue. While he acknowledges that a ’blanket ban on wind turbines could win votes, it will not reduce carbon emissions from local communities.
He added: “The Government should be working to minimise the damage to the renewables sector, ensuring that rural and other communities don’t miss out on the real benefits of green energy.
“As well as reducing carbon footprint, wind technology also produces revenue streams that can be re-invested into local communities.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East
Time to stop risking Britain’s family businesses
A year of growth, collaboration and impact
2000 reasons for North East business positivity
How to make your growth strategy deliver in 2026
Powering a new wave of regional screen indies
A new year and a new outlook for property scene