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Tom Raftery's Library tagged "preferential tarriff"   View Popular, Search in Google

Jun
3
2009

For a country that was one of the world’s largest producers of solar power in 2007—some sources even award it second place, after Germany—China’s actual solar installation record is far less impressive.The Chinese government, a bureaucracy among bureaucracies, appears to have finally resolved to put the country’s rapidly expanding production capacities to use at home and taken a firm hand in guiding itself toward meeting its goal of having renewable energy account for 15 percent of its energy mix by 2020. According to the Wall Street Journal, it has announced that it will introduce a preferential tariff that will pay energy companies that use solar power for their generating capacity.

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