Miliband pledges up to £1bn for community green energy schemes
#Ed Miliband #Renewable energy #Community power #Net zero #Green investment #Grid modernization #United Kingdom
📌 Key Takeaways
- Energy Secretary Ed Miliband pledged up to £1 billion for community-owned renewable energy projects.
- The initiative aims to reduce public resistance and skepticism toward green energy infrastructure.
- Funds will allow local areas to own, control, and profit directly from wind and solar generation.
- The policy is intended to democratize the UK energy system and foster financial independence for local communities.
📖 Full Retelling
🏷️ Themes
Energy Policy, Environment, Economy
📚 Related People & Topics
Net-zero emissions
Rate of human-caused greenhouse gas emissions
Global net-zero emissions are reached when greenhouse gas emissions and removals due to human activities are in balance. Net-zero emissions is often shortened to net zero. Once global net zero is achieved, further global warming is expected to stop.
Community power
Approach to public service design and delivery
Community power is an approach to public service design and delivery, primarily influential in British local government. It is characterised by an adherence to "principles of devolution, localisation and democratisation" and foregrounds the belief that "communities have knowledge, skills and assets ...
Renewable energy
Energy collected from renewable resources
Renewable energy (also called green energy) is energy made from renewable natural resources that are replenished on a human timescale. The most widely used renewable energy types are solar energy, wind power, and hydropower. Bioenergy and geothermal power are also significant in some countries.
Eco-investing
Investment strategy
Eco-investing or green investing is a form of socially responsible investing where investments are made in companies that support or provide environmentally friendly products and practices. These companies encourage (and often profit from) new technologies that support the transition from carbon dep...
Ed Miliband
British politician (born 1969)
Edward Samuel Miliband (born 24 December 1969) is a British politician who has served as Secretary of State for Energy Security and Net Zero since July 2024. He has been Member of Parliament (MP) for Doncaster North since 2005. Miliband was Leader of the Labour Party and Leader of the Opposition fro...
📄 Original Source Content
<p>UK projects will allow local areas to control and profit from renewable power generation, says energy secretary</p><p>The UK government is pledging to spend up to £1bn on community-owned green energy schemes in an effort to combat growing scepticism and resistance to renewables and grid upgrade projects.</p><p>Ed Miliband, the UK energy secretary, said the new funding was intended to help democratise the energy system, increase the wealth and financial independen