Green living today
Friday, April 13, 2012
Italy puts new caps on renewable energy incentives
Reuters: Italy will scale back financial incentives for solar and other renewable energy that have inflated consumer power bills more than expected, and also will raise national renewable energy targets for 2020, two ministers said on Wednesday. Italy's green power industry has boomed in recent years as investors from around the world ranging from banks and private equity funds to utilities poured billions of euros into the sector, lured by generous support measures. With incentives ballooning above...
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