Under the green energy fund the government will be offering a total amount of 10m to help distilleries go green.
Green energy fund cancelled.
Ford announced tuesday that the fund was being cancelled as part of the elimination of the cap and trade policy that was financing the program.
All the revenues generated through the sale of these allowances go directly into government coffers and are then dedicated to green energy projects.
The uk government has cancelled its plans to increase duty on spirits in the 2020 budget providing additional support to the industry through a green energy fund.
Under this system companies are able to purchase allowances to offset the pollution they expect to emit over a given period.
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The announcement was made by the uk chancellor of the exchequer rishi sunak while presenting the 2020 budget.
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