Archived press release
£460m boost is a vote of confidence for offshore wind
Reacting to news today (Monday 31 March 2014) that the Green Investment Bank is giving a £460m boost to wind energy projects, Friends of the Earth Renewable Energy Campaigner Alasdair Cameron said:
“This is a real vote of confidence for offshore wind. However, if we want to tackle the dire climate change threat we’re facing and strengthen our energy security we need to see a much bigger expansion of renewable energy, especially offshore.
“The Government must also urgently turn the Green Investment Bank into a proper bank, and allow it to borrow so it can invest in many more projects like this.”
Notes to editors
1. Friends of the Earth’s press release reacting to the UN IPCC’s climate report published today (31 March 2014): https://www.foe.co.uk/resource/press_releases/ippc-climate-report-urgent-action-needed-avoid-climate-disaster_31032014