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The Low Carbon Economy Ltd

14 May 2009 06:05:11

MP calls on UK chancellor to encourage tidal power



MP calls on UK chancellor to encourage tidal power
Alistair Darling has been urged to issue tax incentives that will help promote a policy of growth in the marine energy industry.

Liberal Democrat MP John Thurso has sent the UK chancellor a personal plea to extend provisions for renewable energy laid out in the recent Budget to tidal power schemes, the Press and Journal reports.

According to the newspaper, Lord Thurso was given a personal assurance that tidal power schemes in areas such as Pentland Firth - in his Caithness, Sutherland and Easter Ross constituency - would be granted development money.

However, the Budget has come under criticism by many who feel that it fails to provide adequate funding for such projects.

Writing to Mr Darling, the Lib Dem MP said that the UK is well placed to be a "world leader" in tidal power as long as enough support is provided.

He was quoted by the spaper as saying: "I am extremely concerned that the government is unaware of the pace of development and that your allocation of expenditure in the environmental chapter of the Budget is missing this key opportunity for British industry.”

Announced on April 22nd, the 2009 Budget contained a £1.4 billion package to reduce the UK's carbon emissions, including £525 million for offshore wind power and £405 million for the development of low-carbon technologies.

http://www.hm-treasury.gov.uk/d/Budget2009/bud09_chapter7...

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