Chancellor George Osborne delivered his Autumn Statement to the House of Commons today (November 25, 2015).
Mr Osborne told the House of Commons: “We are committed to the low carbon sector and we show our commitment to the Paris talks next week (Dec 2015). But we believe going green should not cost the earth.”
Major Budget Cuts at DECC
The Department of Energy and Climate Change (DECC) will see its budget will be reduced by 22% by 2019-20. This will be delivered through:...