This has been a quiet month for positive Smart Grid news, no sensational announcements on the financial and M&A; front that promise to unleash more funds or technological developments. Sadly the slow drip of unnerving news about sovereign debt in Europe and double dip recession has continued. The politicians are making ominous noises that the effort to reduce CO2 reductions may have to be reigned back. George Osborne, Britain’s Chancellor of the Exchequer, in a potentially explosive intervention, insisted the government will only cut emissions in line with its neighbours in order to ensure British businesses are not put at a disadvantage. The Chancellor accused environmental regulations of “piling costs on the energy bills of households and companies” and argued that the government should not adopt green targets that damage the business sector. The finger is being pointed at the high cost of electricity produced from renewable sources such as wind and solar power. There […]