Budget fails to deliver for renewable energy

NOW Ireland, the organisation representing the offshore wind energy sector in Ireland, has said that the failure to adequately promote renewable energy in Budget 2008 is a decision that will cost Ireland in terms of lost investment and further carbon penalties.

Reacting to the Budget, NOW Ireland chairman Mick McBennett, said: "While the Budget does address climate change in relation to increasing motor tax levels on SUV's and larger cars, it misses the opportunity to address the issue of emissions caused by electricity generation.