The UK government has broken a key pledge to support green energy abroad over “dirty” energy projects by spending more than three hundred times as much backing fossil fuel energy compared with clean energy projects via the government’s export credit agency.
In the coalition agreement, the Tories and Lib Dems promised in 2010 that UK Export Finance (UKEF), a small government department, would “become champions for British companies that develop and export innovative green technologies around the world, instead of supporting investment in dirty fossil fuel energy production”.
Reported by the Guardian. You can read the full story here.