UK has allegedly underspent £240m in green projects
Report from – Energy Live News
The money was reportedly handed back to the Treasury in the last financial year
The UK did not spend almost a quarter of a billion pounds on projects that would help it reduce emissions, accelerating its net zero journey.
Shadow Climate Change Secretary Ed Miliband said: “The government’s disastrous underinvestment is holding this country back, costing us jobs in the new clean industries of the future and keeping household bills high.”
A BEIS spokesperson told ELN: “Any money under spent for one particular project will not have any bearing on the allocations for different projects in future years.
“We have a legally binding target of net zero emissions by 2050 and are backing the transition with £26 billion of investment.”
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