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Clean power subsidies to be reined back

Plans to rein back subsidies for low-carbon energy are expected to be announced as the government seeks tighter caps on funding for renewable energy forms such as solar or onshore wind schemes. Whitehall officials have warned of an overspend on plans for £7.6bn of subsidies by 2020 through its 'levy control framework', and say the figure is on course to reach £9bn instead. The subsidies are designed to help Britain meet its commitments to reduce greenhouse gas emissions in the mid-2020s. The framework includes three types of clean energy subsidies: small-scale feed-in-tariffs, the renewables obligation and contracts for difference. The government is keen to show it is taking action to curb some renewable energy projects, especially onshore wind turbines, which are unpopular with the Conservative Party's grassroots.

 

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