Greenpeace Threatens Crown Estate With Offshore Wind Lawsuit ...Middle East

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Greenpeace Threatens Crown Estate With Offshore Wind Lawsuit
source : OILPRICE ( Middle East ) () 38
Greenpeace has accused the British Crown Estate of inflating the cost of offshore wind through its monopoly on the UK’s seabed, the Financial Times has reported, adding the environmentalist group had called on the Crown Estate to either change its lease conditions or face a lawsuit. The Crown Estate is a corporate entity set up to manage the property of the monarchy and that property includes the seabed off the coast of England and Wales, the FT explained. The company is legally bound not to exploit its monopolistic ownership of such assets,…

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