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Thursday, 24 June 2010

A 'Green' Budget - maybe...

Posted on June 24, 2010 at 10:11 AMDelete 
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The emergency budget unveiled by George Osborne on the 22nd of June has been questioned as it failed to address anything green or related to boosting sustainability within its text.

However, I would argue that in these times of cutbacks, spending rationalisation and public sector austerity the budget could be argued as being at best good for green issues and at worst ambivalent.
Many people had raised concerns that big ticket green schemes such as the Renewable Heat Incentive could have been slashed to save money but were thankfully left alone. Major funding schemes such as the Carbon Reduction Commitment and Feed-In-Tarrifs were also left untouched. Perhaps this was due to the fact that the funding from such schemes often comes from the general public's utility bills and was therefore a secure supply.

However, with all the worry about where the multi-billions of pounds of savings are going to come from to get the economy back on an even keel, perhaps this was the best we could have hoped for....

(Image courtesy of mirror.co.uk)

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