Reverse cuts to renewable energy investment

Helen Morgan has this week backed a Liberal Democrat call for the UK Government to reverse a 28% cut to renewable energy funding which could “jeopardise” the UK’s climate change goals.

In a joint letter led by Liberal Democrat climate change spokesperson Wera Hobhouse MP, Helen and the other MPs said they were “concerned about the continued lack of urgency taken towards our vital net zero targets”.

The letter went on to criticise the 28% cut to funding for Contracts for Difference in the recent Budget, from £285m in the previous Allocation Round 4 to £205m in the upcoming Allocation Round 5.

Helen Morgan, Liberal Democrat MP for North Shroshire, said, “Reducing the funding for renewable energy would be a great mistake and shows a worrying lack of urgency about meeting our targets for reducing emissions.

“There are huge economic opportunities in expanding renewable energy, but it requires continued support. Ministers should commit to reverse this significant cut and renew efforts to encourage the adoption of green energy.”