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.
Green energy fund cancelled.
The final verified compensation amounts for the 758 cancelled green energy projects are not yet available an ieso spokesman told national observer in an email statement.
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All the revenues generated through the sale of these allowances go directly into government coffers and are then dedicated to green energy projects.
Under this system companies are able to purchase allowances to offset the pollution they expect to emit over a given period.
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.