old coal

Government forced to shut billion-pound loophole for old coal - Greenpeace

Last edited 1 August 2014 at 3:29pm
1 August, 2014

The government was forced today to pledge to close a loophole in a power sector subsidy scheme that could allow billions of bill payers’ money to go to polluting old coal plants, Greenpeace can announce today.

In a statement issued earlier today the Department for Energy and Climate Change (DECC) said it plans to amend the latest draft of the capacity market rules to ensure existing coal plants are excluded from lucrative 15-year contracts potentially worth billions of pounds. [1]

Article tagged as: capacity market, coal, old coal, subsidies

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