According to George Monbiot in The Guardian today, Uk investment in wind power ‘is melting away faster than an Andean glacier’- a combined effect of the financial crisis and cheap fossil fuels.
Shell has pulled out completely. Centrica, E.ON and BT are reviewing their plans. Sun Microsystems has suspended its projects. The Spanish company Iberdrola is cutting its investment in the UK by 40%. Scores of smaller firms are going bust.