Quote:The UK government gave over a billion pounds of financial backing to fossil fuel projects around the world despite a pledge to support green technologies, it has emerged. UK Export Finance (UKEF) loans were handed out to Gazprom in Russia, state-owned oil and gas giant Petrobras in Brazil and petrochemical companies in Saudi Arabia, an investigation by Greenpeace has found. UKEF, a government agency overseen by Liberal Democrat business minister Vince Cable, financially supported fossil fuel projects despite apparently contravening the 2010 coalition agreement, which pledged to support green technologies instead of fossil fuel. The exposure will be a blow to Prime Minister David Cameron’s green credentials, which have been in the spotlight since he said he would lead the “greenest government ever” when elected in 2010. rt/uk/220163-government-support-fossil-fuel/
Posted on: Tue, 06 Jan 2015 19:50:36 +0000
Trending Topics
Recently Viewed Topics
© 2015