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The Government gives the fossil-fuel industry nearly £6bn a year in subsidies, almost twice the financial support it provides to renewable-energy providers, according to new research.
A study by the Overseas Development Institute think-tank challenges the popular conception that green energy such as wind and solar power requires disproportionate taxpayer support.
Britain gave an average of £5.9bn worth of subsidies a year to fossil-fuel firms such as BP and Shell in 2013 and 2014, most of it in the form of tax breaks to help boost declining North Sea production, according to the institute …. http://www.independent.co.uk