BBC News Business
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The UK government has proposed cuts of up to 70% to the feed in tariff for large scale solar energy production.
The proposal would be implemented on the 1 August, reducing payments to farmers or owners of large commercial buildings.
The industry has reacted with anger to the proposal.
And investors have warned that cutting the scheme just a year
after it was created will deter further investment in renewable energy.
"The whole investor market was totally disengaged as a result
of the feed in tariff being ripped up," said Ben Warren, partner with
Ernst and Young, a consultancy. MORE......................
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