A review group has been set up to work towards a high tech low carbon economy headed by Professor Mark Loga..
“it’s heartening to see island renewal projects being led by young people”
Any award requires match funding however “applications can cover 70% or 80% of the total project costs depending on location.”
There will also be established a Scottish National Investment Bank with a central mission to support a ‘ transition to a carbon-neutral economy.’
“We are clear that no-one should be left behind in our move to a carbon neutral economy and that this should deliver fair work”
The project is known as the ‘Stromness Multi Modal Low Carbon Transport and Active Travel Hub’
£2.6million has been dispersed between the 12 innovative projects.
The projected £100,000 per annum for local communities would be index linked and would be paid whether or not the wind blew