The South West Regional Development Agency has invested in a wave hub to enable pioneering marine renewable energy projects – the Marine Renewable Deployment Fund offered just £4.5 million to the project. The Governments renewable energy agenda is advanced by nothing more than pathetic window dressing.
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- DBRR have offered just £50 million for the marine renewable deployment fund to support the large demonstration projects
- on Carbon sequestration a total of just £46 million for research and industry led development
- Most shockingly of all Government Investment on Research for all renewable energy technologies stands at just £19 million spread over nine technologies.
The Prime Minister wants to impose legally binding targets for a sustainable environment but without the investment. Britain should be a world leader with substantial Government investment and proper commitment.
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