UK: Scepticism grows over the viability of green projects

Lord Turner of Ecchinswell is to investigate the collapse of funding for renewable energy projects in Britain after the recent exit of a string of companies, including BP and Shell.

Speaking on the sidelines of the World Economic Forum, Lord Turner, chairman of the Financial Services Authority (FSA) and of the Government’s Committee on Climate Change, said that the study was a response to mounting scepticism over the Government’s plans for a huge expansion of wind and tidal power.
He said he was concerned that a number of key projects had been thrown into jeopardy, including London Array, a