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Osborne undermining green energy push, warns Davey

Osborne undermining green energy push, warns Davey


Chancellor George Osborne risks costing the UK billions of pounds of investment through his policy moves against the low-carbon transition, former energy and climate change secretary Ed Davey has said. In comments to The Guardian on Thursday 3 September, Davey said that the success of the UK’s green economy had been an “inconvenient truth” for Osborne, who had been intent on “slashing” the budget for renewables subsidies during the coalition government. He added: “I am not convinced [Osborne] is a climate change sceptic but he is driven by [short-term] economics and I think if he became leader of the Conservative Party he would want to scrap the Climate Change Act.