China Says U.S. Renewable Subsidies Violate Trade Rules

Bloomberg: U.S. renewable-energy subsidies in five states violate free-trade rules, China's Ministry of Commerce said today. The ministry identified programs supporting renewable power, including wind and solar, in California, New Jersey, Massachusetts, Ohio and California that violate World Trade Organization policies and trade treaties, according to a preliminary finding on the agency's website today. The finding comes a week after the U.S. Commerce Department announced tariffs as high as 250 percent...

URL: http://www.businessweek.com/news/2012-05-24/china-says-u-dot-s-dot-renewable-subsidies-violate-trade-rules