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Coaliton cuts Carbon Trust funding.

Europe Intelligence Wire

| May 19, 2011 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Guardian Unlimited)

The Department of Energy and Climate Change (DECC) has today quietly announced that the Carbon Trust and the Energy Saving Trust will no longer receive core grant funding from next April.

The two flagship government-backed green bodies will instead be required to bid for government funding through competitive tendering processes, as part of efforts to deliver better value for money and help tackle the deficit.

he announcement came as DECC published the results of its Delivery Review, which provides a series of recommendations on how to streamline the operations of the department.

The central recommendation states that …

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