George Osborne accused of making climate change worse with tax breaks

#Energy Friends of the Earth claims chancellor handed out £2.7bn of incentives to North Sea oil and gas firms

Friends of the Earth has accused the chancellor George Osborne of exacerbating climate change by handing out £2.7bn of incentives to energy companies to fuel North Sea oil and gas production. FoE said he was too focused on propping up oil companies at the expense of making renewable energy cheaper.

David Powell, economics campaigner at FoE, said: "The chancellor falls over himself to claim renewable energy is expensive, while bending over backwards to offer oil barons massive tax breaks.

Continue reading...http://ift.tt/1mGt8pw http://bit.ly/15KdByZ