It’s not too often that you see the CBI and
Friends of the Earth on the same page but both have slammed the ConDem
government’s plan to halve the
subsidies for household solar electricity by next month.
The scheme enables properties in the UK with
solar panels to earn income from electricity they generate. However the fast
growing installation industry is now under threat as ministers attempt to halve
"feed-in tariffs". The move will force companies to cancel planned work
destroying projects and jobs say critics.
Government officials claim the changes in
payment levels would make the scheme more sustainable and able to thrive in
future.
FoE describe the move as “misguided” and “a
further backward step for the coalition’s faltering green agenda”.
CBI director general, Jonathan Cridland was
equally forthright:
"Moving
the goal posts doesn't just destroy projects and jobs, it creates a mood of
uncertainty that puts off investors and they wonder what's coming next.
"Some
companies have invested heavily in solar photovoltaic systems and in the supply
chains needed to install them.
"That
commitment has been undermined by the feed-in tariff decision - and so industry
trust and confidence in the government has evaporated. This bodes poorly for
investment in future initiatives."
Wonder what Ms Parrott has to say about this
one.