U.K. Introduces 'Radical' Energy Bill
Posted on December 03, 2012 at 05:40 AM EST
GALWAY, IRELAND--December 3, 2012 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) The U.K.'s coalition government has formerly introduced its 'radical' Energy Bill which it claims will boost renewable energy investment, spur on a new wave of nuclear projects and combat a looming energy shortage. The cost for transforming the country's energy mix will top Â135 billion ($176 billion) by 2020, with taxpayers expected to pay for the transition to more green energy through higher electricity bills.