 Spain
6% tax on renewables could lead to exodus of wind companies
The Spanish cabinet approved putting its new Energy Bill before Parliament on Friday. The new legislation sets out so called “fiscal measures for sustainable energy”, and is intended to “tackle the most important problem currently faced by the electricity sector in Spain”: the tariff deficit which reached €24 billion in December 2011. However, the renewables sector is very concerned about the impact it will have on the industry. | Wind Germany
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