Witham firm goes under due to Tory U-turn on Lib Dem green energy policies.
Originally published by Braintree and Witham Lib Dems
Braintree & Witham Liberal Democrats were saddened to learn of the the closure of Witham firm Climate Energy, and the resulting loss of jobs of its 85 staff.
During the last Coalition Government, the Liberal Democrats ensured that alternative energy projects were encouraged and developed through the use of subsidies. However, now the Conservatives are on their own, they have abolished this invaluable support causing companies such as Climate Engery- formerly part of a growing sector - to be unable to sustain their business.
Barry Fleet, Chairman of Braintree and Witham local party wrote recently to the Braintree and Witham Post, pointing out that such closures show "the reckless approach of the Government towards green energy. There seems no limit to the damage they can do, as it has not only affected Witham, but also in Leicester, another green energy firm, Mark Group in Leicester has also folded and even more jobs are being lost."
The fear is that many more firms will suffer when this is preceisely the kind of entrepreneurship Britain needs to create a sustainable future. In the past, the Tories had been dubbed the 'stupid party' for pushing policies against the national interest - no doubt the local people who have just lost their jobs would agree with that.