Abstract painting of subject, generated by DALL-E 2

Green grants

18 Dec 2006 - LP

The Department of Trade and Industry has released £50m over the next 18 months to support the Low Carbon Buildings Programme. It has chosen seven companies to receive its funding. There is an increasing number of companies that operate in the renewable energy field and that was clearly demonstrated by the fact that 53 companies expressed interest in the DTI grant.

The market is best served by being left to operate according to its own competitive forces. The government's grants will only favour a few and give them an unfair advantage over the rest of the companies. This advantage will be funded with taxpayers' money that could be put to much better uses.   

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