OILFIREDUP writes about a recent business survey that shows the difficulties that companies are having in accessing financing to invest in green technologies. It would be good to know if there are similar surveys or similar problems in other European countries.
British Business Struggling To Access Green Finance
A survey undertaken recently by the Energy Institute (EI) and Siemens Industry suggests significant access to finance for companies wanting to invest in green technologies to reduce emissions and comply with EU and UK legislation.
In a joint poll of over 300 senior energy specialists across the UK, only a third (33%) thought it was possible for Britain to meet its 2050 energy targets to reduce emissions by 80%, whilst over half (55%) of respondents thought the target would not be met. The remaining 12% were undecided.
One of the most significant issues facing businesses has been accessing finance to invest…
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