by Matthew McDermott, Brooklyn, NY on 10.24.08

In the same week that it was announced that the UK overtook Denmark to be the world’s foremost producer of electricity from offshore wind farms, the Crown Estate (which holds all of the Queen’s property, but is independent of the monarchy or government) has said that it will be making a significant investment in offshore wind power by promising to pay for up to half of all pre-construction development costs for offshore wind projects in areas under its control.

I admit that’s quite a mouthful, but this is what it practically means: