ROME (Dow Jones)--A shock change in Italy's public incentives for renewable energy investment has brought financing for the sector to a halt, stunning aspiring players in the green economy that many hoped would be a driver of growth.
A decree packed into Italy's austerity budget relieves the state-run energy management agency, or GSE, from its role as the buyer of last resort for green certificates issued to support development of cleaner energy production.
Source: Wall Street Journal
Showing posts with label cutback. Show all posts
Showing posts with label cutback. Show all posts
Tuesday, June 22, 2010
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