budget

U.K. Chancellor, Phillip Hammond’s Spring Statement was delivered to the House of Commons earlier this afternoon. While the announcement did include provisions for greener products and services, and support for cleaner vehicles, solar and renewable energy were not mentioned specifically.

Today’s Budget see solar remain locked out on the types of tax breaks available to fossil fuels, while general lack of energy policy continues to fail long-term low carbon investors, argues Solar Trade Association.

President Donald J. Trump has proposed devastating cuts to the U.S. Department of Energy and its related research arms. Leaders from multiple industries – including names you’ll know – are begging the U.S. Congress not to implement them.

UK Chancellor of the Exchequer Philip Hammond made no mention of solar energy in today’s Spring Budget Announcement. This leaves the UK’s rooftop solar segment facing a tax hike of up to 800% in the financial year beginning next month.