Reuters: Britain boosted support for offshore wind farms on Wednesday to attract multi-billion pound investments and maintain its lead as the world's biggest offshore wind market, while it cut subsidies for wind parks built on land.
The move comes just one week after Germany's RWE npower scrapped plans for a huge UK offshore wind project. The company said the new subsidy would not change its decision, because it was still seeking improvements in the technology.
Under the new provision, the government...