The government has announced a partnership with the Crown Estate to help speed up building offshore wind farms, with "some" of the money going to King.
Speaking to Sky's Kay Burley, energy secretary Ed Miliband said the collaboration for the new state-owned Great British Energy would help "turbo-charge" the "clean energy revolution".
But Mr Miliband couldn't go into detail about how much would benefit to the King, saying "the money that GB energy puts in will generate a return for the taxpayer and for great British energy. The Crown Estate has its own finances."
He added: "Some goes to the king. I think that's a declining percentage but those are governed by separate arrangements."
#labour #politics #energy #windfarm
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Speaking to Sky's Kay Burley, energy secretary Ed Miliband said the collaboration for the new state-owned Great British Energy would help "turbo-charge" the "clean energy revolution".
But Mr Miliband couldn't go into detail about how much would benefit to the King, saying "the money that GB energy puts in will generate a return for the taxpayer and for great British energy. The Crown Estate has its own finances."
He added: "Some goes to the king. I think that's a declining percentage but those are governed by separate arrangements."
#labour #politics #energy #windfarm
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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