New U.K. policies to shield heavy industry from the rising cost of subsidizing the development...

|By:, SA News Editor

New U.K. policies to shield heavy industry from the rising cost of subsidizing the development of low-carbon electricity are welcomed by many companies, but the measures could run afoul of EU competition rules. EU antitrust authorities are investigating whether German policies, similar to those planned in the U.K., violate rules prohibiting state aid to business.