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Page last updated at 06:59 GMT, Wednesday, 25 July 2012 07:59 UK

Wind subsidy cut 'should be 10%'

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The government will shortly announce that cuts to the subsidies given to onshore wind farms will not be as deep as expected. After negotiations between the coalition parties, the reduction will be set at ten percent. Some Conservative backbenchers were pressing for cuts of 25 per cent.

The Energy Secretary, Ed Davey, told Today presenter James Naughtie that there was cross-government support for the package.

"The evidence shows that yes, there should be a cut in subsidies but it should be a modest ten per cent cut and that will bring forward investment between £20 and 25bn pounds with probably hundreds of thousands of jobs coming forward on the back of that.

"The economy needs that investment and our climate change challenge needs this green energy."


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