Cuts to UK's low carbon expenditure

The UK's Department of Energy and Climate Change (DECC) has announced cuts of �85 million; �34 million of the savings will come from expenditure on low carbon technology. �4.7 million will be saved by cancelling the final funding rounds of the Bio-Energy Capital Grants Scheme and the Bio-Energy Infrastructure Scheme; �3 million will come from closing the Low Carbon Buildings Fund early. The department will make �6.1 million efficiency savings and under-spending on programme budgets within DECC and the Carbon Trust will receive a �12.6 million reduction to this year's grant for low carbon technology and business support funding from DECC.