Date

1 December 2011

(Independent, London, 11 December 2011) NGOs say Ministers have reneged on a coalition promise to champion British firms investing in clean energy. A deal, which will see UK Export Finance guarantee a loan to the Brazilian oil firm Petrobras for deep-water oil drilling, is contrary to a government commitment that the department would champion British firms involved in green technologies “instead of supporting investment in dirty fossil-fuel energy production”.