Davey Signals U.K. to Maintain Support for Clean-Energy Subsidy

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U.K. Energy Secretary Ed Davey said arguments against pushing renewable energy policies are “dangerous” for the economy, signaling he’s resisting pressure from within the government to cut subsidies for the industry.

“Too often, we are told that those who go low-carbon first will sacrifice their competitiveness,” the Cabinet minister said in a speech in London today. “This is misleading and dangerous.”