Analysis by Green Alliance of the UK’s infrastructure pipeline indicates that for the first time fossil fuel projects are expected to exceed that of low-carbon energy, in the current financial year 2014-15.
The organisation announced that ‘since a detailed pipeline was first released in 2012, expected spending on fossil fuel energy infrastructure has been revised up from 8 per cent to 61 per cent (£2.2 billion to £15.2 billion) of all energy infrastructure in 2014-15.
At the same time anticipated spending on low carbon energy has been revised down from 92 per cent to 39 per cent (£24.9 billion to £9.8 billion) in 2014-15.