AUSTRIA GETS GREEN LIGHT FOR GREEN ENERGY FEED-IN TAX
July 1st, 2006
BY KEITH NUTHALL
THE EUROPEAN Commission has declared legal special funding systems in Austria for combined heat and power for public district heating and renewable energy, after the Austrian government partly changed the operation of these subsidies. The system for renewables had drawn particular criticism from the Commission, because it involved consumers paying a fixed price for green energy consumed in Austria. With this money earmarked for developing Austrian renewable energy, the Commission said this breached European Union (EU) fair trade rules, because ...
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