Archive for Scottish National Party
Sources: http://www.guardian.co.uk/environment 8th September 2010
The Scottish National Party First Minister of Scotland, Alex Salmond, has announced that the state-owned Scottish Water company are to be given permission to construct a series of renewable energy projects on their 80,000 acres of land across the country. The various projects, expected to be mainly hydro and wind orientated, could earn the company an extra £300 million a year in top of the £1 billion annual revenues it already generates. The Coalition government of the UK are believed to want to mutualise the company in order to raise towards £3 billion (a third of which would go to the Scottish government). Such an amount would help offset some of the £3.7 billion worth of cuts expected to be announced next month. The Conservatives are hoping to amend the water bill with the help of the help of Labour thereby forcing the SNP into a mutualising the state-owned company. Mr. Salmond, who is an avid supported for renewable energy, said that such a move by Scottish Water would turn Scotland into “the world’s first hydro-economy – wisely exploiting our water to help drive our economy”.