The Renewable Energy Industry is Up in Arms About Swingeing New Business Taxes

[ENERGY TAXES] The Government was accused of “sabotaging” Britain’s renewable energy industry yesterday by introducing new business rates that could more than triple the taxes paid by some green power generators. Labour has set a target of generating 10pc of electricity from renewable sources, such as wind farms, by 2010. But the Renewable Power Association (RPA), the British Wind Energy Association (BWEA) and the Scottish Renewables Forum claim new business rates, set by the Office of the Deputy Prime Minister and due to start in April, will seriously dent the fragile growth in the sector.
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