Carbon Trust Escapes Lightly From UK Budget Cuts
Posted on 25. May, 2010 by Ross in Government Policy, United Kingdom
The Carbon Trust, which helps fund research into low carbon technologies as well as providing interest-free loans to businesses for energy efficiency, has escaped the worst of the UK government’s spending cuts but still will see a reduction in funding.
Since being elected to power this month, the Conservative-Liberal coalition government has been taking a much-needed axe to the public finances in an effort to save money and reduce the national deficit. With the cuts announced today totalling
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